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It's a 9000 program that allows you to work with a mentor, write a script, shoot one scene and then show your scene and pitch your script to a hollywood producer. You work in the current state you're living in, they have a mentor for you and sets and equipment to help you shoot your scene. (not too sure about the equipment set part) Now if you're living in LA your mentor is probably gonna be way more experienced than someone in Utah (where I live) who knows though. The concept of this program is really, really awesome though, it really is probably the best way of "schooling" someone into success.
The success stories are really funny though because none of them seem to have had any real success, and with a 9k tuition it makes me think a mentor could be someone like E heath (no offense) and the equipment could be a t2i with some really shitty sets, the pictures seem to say otherwise though and the fact that they'll get you an appointment to pitch your script to a hollywood producer is really cool.