It is a 4 year degree of a University that is on the FAA list.
http://www.faa.gov/pilots/training/a...ority_List.pdf
"Institutions Authorized to Certify its Graduates for an Airline Transport Pilot (ATP) Certificate with Reduced Aeronautical Experience
Graduates of an institution of higher education that have received Federal Aviation Administration (FAA) authorization to certify graduates may be eligible to apply for a restricted privileges airline transport pilot (ATP) certificate. The total flight time requirements for a restricted privileges ATP Certificate based on a degree with an aviation major are found in § 61.160.
• 1,000 hours for a graduate who holds a bachelor’s degree with an aviation major and meets the remaining requirements of § 61.160(b);
• 1,250 hours for a graduate who holds an associate’s degree with an aviation major and meets the remaining requirements of § 61.160(c); and
• 1,250 hours for a graduate who holds a bachelor’s degree with an aviation major and meets the remaining requirements of § 61.160(d)."