They'll put you up in an extended stay hotel (either double, or single occupancy depending...) for the 4 weeks of groundschool. You'll get paid the 70hr monthly guarantee during training. Typically 6:30-3:00ish each day, 5 days a week, sometimes weekends.
Then you'll come back sometime later for a couple days of cockpit systems integration and the oral. Then some more time off (undetermined) till sims. Seems to be a pretty long delay to get into sims at this time.