I don't think it works quite that simply with aviation universities. While I have very little knowledge about them, I think they do the flight training and ground "education" separately. But don't quote me on that, I really don't know and I'm sure someone else here can you give a much better answer.
What I do know is that places like ERAU are incredibly expensive methods of getting your flight training. If your employer is paying, who cares....but if that doesn't work out, do not go there under any circumstances. Cruise on over to the local airport, check out an FBO, and get your certificate for $7000.
