**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      DC 20549**

**Form      10-Q**

**For      the quarterly period ended June 30, 2007**

**EVCI      Career Colleges Holding Corp.**

| Delaware                                                                                     | **06-1488212**                                      |
|----------------------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                of other jurisdiction of incorporation or                organization) | (IRS                Employer Identification Number) |

**1      Van Der Donck Street, 2nd Floor, Yonkers, New York 10701**

**(914)      623-0700**

----

**Table      of Contents**

**Part      I**

**Financial      Information**

| **Item                1. Condensed Financial Statements**                                                                                                                                                          | **Page** |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
|                                                                                                                                                                                                               |     |
| Condensed                Consolidated Balance Sheets as of June 30, 2007 (unaudited) and December                31, 2006 (audited)                                                                                | 1        |
|                                                                                                                                                                                                               |     |
| Condensed                Consolidated Statement of Operations for the three month and six                month                periods ended June 30, 2007 (unaudited) and June 30, 2006                (unaudited) | 2        |
|                                                                                                                                                                                                               |     |
| Condensed                Consolidated Statement of Cash Flows for the six month periods ended                June                30, 2007 (unaudited) and June 30, 2006 (unaudited)                                | 3        |
|                                                                                                                                                                                                               |     |
| Notes                to Condensed Consolidated Financial Statements                                                                                                                                                | 4        |
|                                                                                                                                                                                                               |     |
| **Item                2. Management’s Discussion and Analysis of Financial Condition and Results                of Operations**                                                                              | 12       |

|                                                                                                          |     |
|---------------------------------------------------------------------------------------------------------------|----------|
| Overview                and Critical Accounting Policies                                                      | 12       |
|                                                                                                          |     |
| Comparison                of the three months ended June 30, 2007 and 2006                                    | 18       |
|                                                                                                          |     |
| Comparison                of the six months ended June 30, 2007 and 2006                                      | 21       |
|                                                                                                          |     |
| Financial                Condition, Liquidity and Capital Resources                                           | 24       |
|                                                                                                          |     |
| **Item                3.** **Quantitative                and Qualitative Disclosures About Market Risk** | 24       |
|                                                                                                          |     |
| **Item                4.** **Controls                and Procedures**                               | 25       |
|                                                                                                          |     |
| **Part                II**                                                                                    |     |
|                                                                                                          |     |
| **Other                Information**                                                                          |     |
|                                                                                                          |     |
|  **Item                1A.** **Risk                Factors**                                        |  25 |
|                                                                                                          |     |
|  Forward-looking                Statements and Risk Factors                                              | 25       |
|                                                                                                          |     |
|  **Item                6.** **Exhibits**                                                            | 30       |
|                                                                                                          |     |
| **Signatures**                                                                                                | 41       |

----

**EVCI      CAREER COLLEGES HOLDING CORP. AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED BALANCE SHEETS**

|                                                                                                                                            |   | **June                  30**  |        | **December                  31,**  |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|-------------|-----------------------------------------|--------|
|                                                                                                                                            |   | **2007**                      |        | **2006**                           |   |
|                                                                                                                                            |   | **(unaudited)**                    |        | **(audited)**                           |   |
| **ASSETS**                                                                                                                                      |   |                               |        |                                    |   |
| Current                  assets:                                                                                                                |   |                               |        |                                    |   |
| Cash                  and cash equivalents                                                                                                      |   | $                                  | 1,105,634   |                                    | $      | 2,151,238 |   |
| Student                  accounts receivable, less allowance for doubtful accounts                                                              |   |                               |             |                                    |   |  |   |
| of                  $5,540,081 and $3,608,249, respectively                                                                                     |   |                               | 17,037,993  |                                    |   | 5,860,856 |   |
| Other                  receivables                                                                                                              |   |                               | 7,642       |                                    |   | 955,384 |   |
| Prepaid                  income taxes                                                                                                           |   |                               | 234,448     |                                    |   | 329,986 |   |
| Prepaid                  expenses and other current assets                                                                                      |   |                               | 1,729,879   |                                    |   | 712,681 |   |
| **Total                  current assets**                                                                                                       |   |                               | 20,115,596  |                                    |   | 10,010,145 |   |
| Property                  and Equipment - net                                                                                                   |   |                               | 5,463,892   |                                    |   | 6,061,555 |   |
| Intangible                  assets                                                                                                              |   |                               | 11,522,256  |                                    |   | 11,958,985 |   |
| Goodwill                                                                                                                                        |   |                               | 5,320,121   |                                    |   | 5,320,121 |   |
| Deferred                  income tax asset, net of valuation allowance of $6,957,500                                                            |   |                               | 5,557,500   |                                    |   | 5,557,500 |   |
| Other                  assets                                                                                                                   |   |                               | 3,927,674   |                                    |   | 2,775,991 |   |
| **Total                  Assets**                                                                                                               |   | $                                  | 51,907,039  |                                    | $      | 41,684,297 |   |
|                                                                                                                                            |   |                               |        |                                    |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY**                                                                                       |   |                               |             |                                    |   |  |   |
|                                                                                                                                            |   |                               |        |                                    |   |   |   |
| Current                  liabilities:                                                                                                           |   |                               |        |                                    |   |   |   |
| Revolving                  credit line                                                                                                          |   | $                                  | 4,600,000   |                                    | $      | 2,000,000 |   |
| Accounts                  payable and accrued expenses                                                                                          |   |                               | 10,286,786  |                                    |   | 10,453,786 |   |
| Current                  portion of accrued liability related to closed facility                                                                |   |                               | 255,715     |                                    |   | 296,517 |   |
| Deferred                  tuition revenue                                                                                                       |   |                               | 8,499,174   |                                    |   | 195,096 |   |
| Current                  portion of capital lease obligation                                                                                    |   |                               | 229,133     |                                    |   | 327,215 |   |
| Current                  portion of notes payable                                                                                               |   |                               | 3,129,964   |                                    |   | 2,386,232 |   |
|                                                                                                                                            |   |                               |        |                                    |   |   |   |
| **Total                  current liabilities**                                                                                                  |   |                               | 27,000,772  |                                    |   | 15,658,846 |   |
| Convertible                  note                                                                                                               |   |                               | 3,410,645   |                                    |   |   |   |
| Capital                  lease obligation, net of current portion                                                                               |   |                               | 67,623      |                                    |   | 135,620 |   |
| Notes                  payable, net of current portion                                                                                          |   |                               | 785,725     |                                    |   | 9,677,697 |   |
| Accrued                  liability related to closed facility, net of current                  portion                                          |   |                               | 1,387,342   |                                    |   | 1,491,329 |   |
| Deferred                  rent                                                                                                                  |   |                               | 1,448,939   |                                    |   | 1,252,342 |   |
|                                                                                                                                            |   |                               |        |                                    |   |   |   |
| **Total                  liabilities**                                                                                                          |   |                               | 34,101,046  |                                    |   | 28,215,834 |   |
| Stockholders'                  Equity:                                                                                                          |   |                               |        |                                    |   |   |   |
| Preferred                  stock - $.0001 par value; authorized 1,000,000 shares: none issued                  and                  outstanding |   |                               |             |                                    |   |  |   |
| Common                  stock - $.0001 par value; authorized 20,000,000 shares; issued                  and                                     |   |                               |        |                                    |   |   |   |
| outstanding                  15,214,851 and 12,689,617, respectively                                                                            |   |                               | 1,542       |                                    |   | 1,290 |   |
| Additional                  paid-in capital                                                                                                     |   |                               | 60,674,634  |                                    |   | 52,677,754 |   |
| Accumulated                  deficit                                                                                                            |   |                               | (42,870,183 | )                                       |   | (39,210,581 | ) |
|                                                                                                                                            |   |                               |        |                                    |   |   |   |
| **Stockholders'                  equity**                                                                                                       |   |                               | 17,805,993  |                                    |   | 13,468,463 |   |
| **Total                  Liabilities and Stockholders' Equity**                                                                                 |   | $                                  | 51,907,039  |                                    | $      | 41,684,297 |   |

**See      Notes to Condensed Consolidated Financial Statements**

----

**EVCI      CAREER COLLEGES HOLDING CORP. AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENT OF OPERATIONS**

**(unaudited)**

|                                                              |   | **Three                    Months Ended**  |       | **Three                    Months Ended**  |   | **Six                    Months Ended **  |   |  **Six                    Months Ended** |       |
|-------------------------------------------------------------------|--------|-------------------------------------------------|------------|-------------------------------------------------|--------|-----------------------------------------------------|--------|-----------------------------------------------|------------|
|                                                              |   | **June                    30, 2007**       |       | **June                    30, 2006**       |   | **June                    30, 2007**           |   | **June                    30, 2006**          |       |
|                                                              |   |                                            |       |                                            |   |                                                |   |                                          |       |
| Net                    revenue                                    |   | $                                               | 14,538,863 |                                            | $      | 14,643,235                                          |   | $                                             | 32,372,372 |   | $ | 33,435,208 |   |
| Other                    income                                   |   |                                            | 129,766    |                                            |   | 145,824                                             |   |                                          | 225,319    |   |   | 253,219 |   |
| Total                    revenue                                  |   |                                            | 14,668,629 |                                            |   | 14,789,059                                          |   |                                          | 32,597,691 |   |   | 33,688,427 |   |
|                                                              |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Operating                    expenses:                            |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Cost                    of revenue                                |   |                                            | 6,244,255  |                                            |   | 6,231,870                                           |   |                                          | 11,970,501 |   |   | 12,462,232 |   |
| Selling,                    general and administrative            |   |                                            | 10,854,002 |                                            |   | 12,027,255                                          |   |                                          | 22,693,311 |   |   | 25,067,508 |   |
| Total                    operating expenses                       |   |                                            | 17,098,257 |                                            |   | 18,259,125                                          |   |                                          | 34,663,812 |   |   | 37,529,740 |   |
|                                                              |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Loss                    from operations                           |   |                                            | (2,429,628 | )                                               |   | (3,470,066                                          | )      |                                          | (2,066,121 | ) |   | (3,841,313 | ) |
|                                                              |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Other                    income (expense):                        |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Interest                    and financing costs                   |   |                                            | (1,008,294 | )                                               |   | (484,284                                            | )      |                                          | (1,625,827 | ) |   | (922,414 | ) |
| Interest                    income                                |   |                                            | 16,559     |                                            |   | 42,132                                              |   |                                          | 32,346     |   |   | 115,339 |   |
| Loss                    before provision for income taxes         |   |                                            | (3,421,363 | )                                               |   | (3,912,218                                          | )      |                                          | (3,659,602 | ) |   | (4,648,388 | ) |
| Provision                    for income taxes                     |   |                                            | -          |                                            |   | -                                                   |   |                                          | -          |   |   | 30,000 |   |
| Net                    loss                                       |   | $                                               | (3,421,363 | )                                               | $      | (3,912,218                                          | )      | $                                             | (3,659,602 | ) | $ | (4,678,388 | ) |
|                                                              |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Net                    loss per common share:                     |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Basic                                                             |   | $                                               | (0.25      | )                                               | $      | (0.31                                               | )      | $                                             | (0.28      | ) | $ | (0.38 | ) |
| Diluted                                                           |   | $                                               | (0.25      | )                                               | $      | (0.31                                               | )      | $                                             | (0.28      | ) | $ | (0.38 | ) |
|                                                              |   |                                            |       |                                            |   |                                                |   |                                          |       |   |   |   |   |
| Weighted                    average of common shares outstanding: |   |                                            |       |                                            |   |                                                |   |                                          |            |   |   |   |   |
| Basic                                                             |   |                                            | 13,771,860 |                                            |   | 12,433,609                                          |   |                                          | 13,233,728 |   |   | 12,433,240 |   |
| Diluted                                                           |   |                                            | 13,771,860 |                                            |   | 12,433,609                                          |   |                                          | 13,233,728 |   |   | 12,433,240 |   |

**See      Notes to Condensed Consolidated Financial Statements**

----

**EVCI      CAREER COLLEGES HOLDING CORP. AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENT OF CASH FLOWS**

**(unaudited)**

|                                                                                                                                          |   |  **Six                    Months Ended** |        |  **Six                    Months Ended** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|-------------|-----------------------------------------------|--------|
|                                                                                                                                          |   | **June                    30, 2007**          |        | **June                    30, 2006**          |   |
|                                                                                                                                          |   |                                          |        |                                          |   |
|                                                                                                                                          |   |                                          |        |                                          |   |
| Cash                    flows from operating activities:                                                                                      |   |                                          |        |                                          |   |
| Net                    loss                                                                                                                   |   | $                                             | (3,659,602  | )                                             | $      | (4,678,388 | ) |
| Adjustments                    to reconcile net loss to net cash used in operating                    activities:                             |   |                                          |             |                                          |   |  |   |
| Depreciation                    and amortization                                                                                              |   |                                          | 1,695,362   |                                          |   | 1,778,634 |   |
| Bad                    debt expense                                                                                                           |   |                                          | 1,114,300   |                                          |   | 940,678 |   |
| Non                    cash compensation expense                                                                                              |   |                                          | 306,558     |                                          |   | 901,513 |   |
| Non-cash                    interest expense                                                                                                  |   |                                          | 268,928     |                                          |   | - |   |
| Changes                    in operating assets and liabilities;                                                                               |   |                                          |             |                                          |   |  |   |
| Increase                    in students accounts receivable                                                                                   |   |                                          | (12,291,437 | )                                             |   | (11,603,060 | ) |
| Increase                    in prepaid expenses and other current assets                                                                      |   |                                          | 978,909     |                                          |   | (510,876 | ) |
| (Increase)/decrease                    in other assets                                                                                        |   |                                          | (8,869      | )                                             |   | 1,889 |   |
| Increase/(decrease)                    in accounts payable and accrued expenses                                                               |   |                                          | (167,000    | )                                             |   | 2,329,416 |   |
| Decrease                    in accrued liability related to closed facility                                                                   |   |                                          | (144,789    | )                                             |   | - |   |
| Increase\(decrease)                    in income taxes payable and prepaid income taxes                                                       |   |                                          | 95,538      |                                          |   | (197,340 | ) |
| Increase                    in deferred tuition revenue                                                                                       |   |                                          | 8,304,078   |                                          |   | 5,330,692 |   |
| Increase                    in deferred rent                                                                                                  |   |                                          | 196,597     |                                          |   | 101,117 |   |
| **Net                    cash used in operating activities**                                                                                  |   |                                          | (3,311,427  | )                                             |   | (5,605,725 | ) |
|                                                                                                                                          |   |                                          |             |                                          |   |   |   |
| Cash                    flows from investing activities:                                                                                      |   |                                          |        |                                          |   |   |   |
| Purchases                    of property and equipment                                                                                        |   |                                          | (156,526    | )                                             |   | (948,446 | ) |
| Deposits                    returned                                                                                                          |   |                                          | 399,764     |                                          |   | 64,627 |   |
| Escrow                    funds received Interboro previous shareholder                                                                       |   |                                          | -           |                                          |   | 52,253 |   |
| **Net                    cash provided by\(used in) investing activities**                                                                    |   |                                          | 243,238     |                                          |   | (831,566 | ) |
|                                                                                                                                          |   |                                          |        |                                          |   |   |   |
| Cash                    flows from financing activities:                                                                                      |   |                                          |        |                                          |   |   |   |
| Principal                    payments on capital lease obligation                                                                             |   |                                          | (166,079    | )                                             |   | (156,372 | ) |
| Principal                    payment on notes payable                                                                                         |   |                                          | (5,713,219  | )                                             |   | (1,500,000 | ) |
| Proceeds                    from convertible note                                                                                             |   |                                          | 8,736,374   |                                          |   | - |   |
| Proceeds                    from issuance of common stock                                                                                     |   |                                          | 1,363,624   |                                          |   | - |   |
| Financing                    costs related to bank agreement                                                                                  |   |                                          | (1,882,043  | )                                             |   | (275,813 | ) |
| Issuance                    costs on common stock                                                                                             |   |                                          | (316,072    | )                                             |   | - |   |
| Proceeds                    from financing of equipment                                                                                       |   |                                          | -           |                                          |   | 738,357 |   |
| Proceeds                    from exercise of options and warrants                                                                             |   |                                          | -           |                                          |   | 11,100 |   |
| **Net                    cash provided by\(used in) financing activities**                                                                    |   |                                          | 2,022,585   |                                          |   | (1,182,728 | ) |
|                                                                                                                                          |   |                                          |        |                                          |   |   |   |
| Net                    decrease in cash and cash equivalents                                                                                  |   |                                          | (1,045,604  | )                                             |   | (7,620,019 | ) |
|                                                                                                                                          |   |                                          |        |                                          |   |   |   |
| Cash                    and cash equivalents at beginning of period                                                                           |   |                                          | 2,151,238   |                                          |   | 9,273,206 |   |
|                                                                                                                                          |   |                                          |        |                                          |   |   |   |
| Cash                    and cash equivalents at end of period                                                                                 |   | $                                             | (1,105,634  | )                                             | $      | 1,653,187 |   |
|                                                                                                                                          |   |                                          |             |                                          |   |  |   |
| **Supplemental                    disclosures of cash flow information:**                                                                     |   |                                          |             |                                          |   |  |   |
|                                                                                                                                          |   |                                          |             |                                          |   |   |   |
| Cash                    paid during the period for:                                                                                           |   |                                          |        |                                          |   |   |   |
| Interest                                                                                                                                      |   | $                                             | 1,364,995   |                                          | $      | 618,676 |   |
| Income                    taxes                                                                                                               |   | $                                             | 23,015      |                                          | $      | 227,067 |   |
|                                                                                                                                          |   |                                          |        |                                          |   |   |   |
| **Supplemental                    schedule of noncash investing and financing                    activities:**                                |   |                                          |        |                                          |   |   |   |
|                                                                                                                                          |   |                                          |             |                                          |   |   |   |
| Notes                    payable and capital lease obligations incurred in the acquisition                    of                    equipment |   | $                                             | 164,979     |                                          | $      | - |   |
|                                                                                                                                          |   |                                          |        |                                          |   |   |   |
| Value                    of warrants issued in conjuction with convertible note                                                               |   | $                                             | 6,643,022   |                                          | $      | - |   |

**See      Notes to Condensed Consolidated Financial Statements**

----

**Notes      to Condensed Consolidated Financial Statements**

**Note      1 - Business and Basis of Presentation**

*TCI*

*Interboro.*

*PSB.*

----

**Note      2 - Stockholders’ Equity**

*Earnings      per share*

----

|                                                                                                                   |   | **Three                months ended******June                30,**** |        | **Six                months ended******June                30,**** |   |
|------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------|-------------|--------------------------------------------------------------------|--------|
|                                                                                                                   |   |  **2007**                                                       |        |                **2006**                                       |   |                **2007** |   |                **2006** |   |
|                                                                                                                   |   |                                                                 |        |                                                               |   |   |   |   |   |
|                                                                                                                   |   |                                                                 |        |                                                               |   |   |   |   |   |
| Basic                weighted average number                of common shares outstanding                          |   |                                                                 | 13,771,860  |                                                               |   | 12,433,609 |   |   | 13,233,728 |   |   | 12,443,240 |   |
|                                                                                                                   |   |                                                                 |             |                                                               |   |   |   |   |   |   |   |   |   |
| Effect                of assumed exerciseof                outstanding options*                                        |   |                                                                 | -           |                                                               |   | - |   |   | - |   |   | - |   |
|                                                                                                                   |   |                                                                 |             |                                                               |   |   |   |   |   |   |   |   |   |
| Effect                of assumed exerciseof                outstanding warrants*                                       |   |                                                                 | -           |                                                               |   | - |   |   | - |   |   | - |   |
|                                                                                                                   |   |                                                                 |        |                                                               |   |   |   |   |   |   |   |   |   |
| Effect                of assumed exercise of                outstanding convertible notes*                             |   |                                                                 | -           |                                                               |   | - |   |   | - |   |   | - |   |
| Diluted                weighted average number                of shares ofcommon                stock outstanding |   |                                                                 | 13,771,860  |                                                               |   | 12,433,609 |   |   | 13,233,728 |   |   | 12,443,240 |   |
|                                                                                                                   |   |                                                                 |             |                                                               |   |  |   |   |   |   |   |   |   |
| Restricted                shares, options and                warrants not included above                               |   |                                                                 | 4,350,890** |                                                               |   | 2,381,845 |   |   | 4,350,890** |   |   | 2,381,845 |   |

| * | Not                included because their effect would be                anti-dilutive. |
|---|-----------------------------------------------------------------------------------------|

| ** | Excludes                47,673,270 shares as to which EVCI did not have available shares                to                reserve until stockholders approved an increase in authorized common                stock                on July 31, 2007. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*Stock      options*

----

----

|                                              |   | **Three                months ended********June                30,****** |   **Six                months ended******June                30,**** |                         |
|---------------------------------------------------|--------|--------------------------------------------------------------------------|--------------------------------------------------------------------------------|------------------------------|
|                                              |   |                **2007**                                             |                                                                           |                **2006** |   |                **2007** |   |                **2006** |   |
|                                              |   |                                                                     |                                                                           |                         |   |   |   |   |   |
| Risk                free interest rate            |   |                                                                     | 5                                                                              | %                            |   | 5 | % |   | 5 | % |   | 5 | % |
|                                              |   |                                                                     |                                                                           |                         |   |   |   |   |   |   |   |   |   |
| Expected                volatility of commonstock |   |                                                                     | 95                                                                             | %                            |   | 92 | % |   | 95 | % |   | 92 | % |
|                                              |   |                                                                     |                                                                           |                         |   |  |   |   |   |   |   |   |   |
| Dividend                yield                     |   |                                                                     | 0                                                                              | %                            |   | 0 | % |   | 0 | % |   | 0 | % |
|                                              |   |                                                                     |                                                                           |                         |   |  |   |   |   |   |   |   |   |
| Expected                option term               |   |                                                                     | 2.5                years                                                       |                         |   | 4                years |   |   | 2.5                years |   |   | 4                years |   |

|                                                            |   |                **Number                of****shares** |      | **Weighted-****Average****Exercise****Price                per**** Share**  |   |  **Weighted-****Average**** Remaining****Contractual****Term****(in                years)** |   |                **Aggregate****Intrinsic****Value** |   |
|-----------------------------------------------------------------|--------|------------------------------------------------------------|-----------|---------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------|--------|
| Options                outstanding at December 31, 2006         |   |                                                       | 1,131,738 |                                                                                  | $      | 1.0228                                                                                                |   |                                                    |   |   |   |   |   |
| Options                granted                                  |   |                                                       | 3,197,113 |                                                                                  |   | 0.58                                                                                                  |   |                                                    |   |   |   |   |   |
| Options                surrendered and cancelled                |   |                                                       | (916,484  | )                                                                                     |   | 1.00                                                                                                  |   |                                                    |   |   |   |   |   |
| Options                outstanding at June 30, 2007             |   |                                                       | 3,412,637 |                                                                                  | $      | 0.61                                                                                                  |   |                                                    | 6.26   |   | $ | 797,000 |   |
| Options                vested and exercisable at June 30, 2007* |   |                                                       | 2,580,924 |                                                                                  | $      | 0.61                                                                                                  |   |                                                    | 6.26   |   | $ | 603,000 |   |

| * | Excludes                    options to purchase 4,696,559 shares because stockholder approval                    was not                    received by EVCI until July 31,                    2007. |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                    |   |   | **Number                of****shares**  |   |   | **Weighted-****Average****Exercise**** Price                per****Share**  |   |   | **Weighted-****Average****Remaining****Contractual****Term****(in                years)**  |   |
|---------------------------------------------------------|--------|--------|----------------------------------------------|--------|--------|---------------------------------------------------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------------|--------|
| Options                outstanding at December 31, 2006 |   |   | 381,037                                      |   | $      | 1.03                                                                                  |   |   |                                                                                            |   |
| Options                granted                          |   |   | 3,197,113                                    |   |   | 0.58                                                                                  |   |   |                                                                                            |   |
| Options                vested                           |   |   | (2,450,223                                   | )      |   | 0.59                                                                                  |   |   |                                                                                            |   |
| Options                surrendered and cancelled        |   |   | (296,484                                     | )      |   | 1.00                                                                                  |   |   |                                                                                            |   |
| Non-vested                options at June 30, 2007*     |   |   | 831,443                                      |   | $      | 0.61                                                                                  |   | $      | 6.26                                                                                            |   |

----

**Note      3 - Revenue Recognition**

**Note      4 - Notes Payable**

|  | · | The                revolver is $5.0 million and the term loan is $2.8 million. The term                loan                can be increased                once only up to $6.0 million for use in paying disallowances resulting                from the DOE                mandated ATB test rescoring by                Interboro. |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The                maturity date of the revolver and term loan is April 1,                2009. |
|--|--------|-------------------------------------------------------------------------------------------------|

|  | · | The                interest rate on the revolver and term loan is, at EVCI’s option, prime +                2.75% or LIBOR +4%. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The                term loan amortizes with four quarterly payments of $750,000 commencing                September 30, 2007. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------|

|  | · | Financial                covenants were either eliminated or                reset. |
|--|--------|------------------------------------------------------------------------------------|

|  | · | Restrictions                on the payment of dividends were not                changed. |
|--|--------|------------------------------------------------------------------------------------------|

----

**Note      5 - ComVest Financing**

----

|                                                                                              |   | **June                30, 2007** |       |
|---------------------------------------------------------------------------------------------------|--------|----------------------------------|------------|
|                                                                                              |   |                             |       |
| Notes                                                                                             |   | $                                | 9,785,000  |   |
| Fair                value of Warrants (recorded as capital in                excess of par value) |   |                             | (6,643,000 | ) |
| Accretion                of debt discount (recorded as interest expense)                          |   |                             | 269,000    |   |
| Recorded                value of Notes                                                            |   | $                                | 3,411,000  |   |

**Note      6 - Regulatory review, inquiry and audit**

*U.S.      Department of Education program review - ATB rescoring project*

*OIG      inquiry*

----

*OIG      audit*

**Note      7 - Subsequent events**

|   | · | approved                  the terms of the ComVest Financing |
|--------|--------|--------------------------------------------------------------|

|   |   |   |
|--------|--------|--------|

|   | · | approved                    an amendment to EVCI’s Certificate of Incorporation to increase its                    authorized common stock from 20.0 to 110.0 million                    shares; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |   |
|--------|--------|--------|

|   | · | authorized                    EVCI Board of Directors to determine, if and when, to amend EVCI’s                    Certificate of Incorporation to effect a reverse stock split                    at a ratio of                    one-for-two, one-for-three, one-for-four or one-for-five;                    and |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |   |
|--------|--------|--------|

|   | · | approved                    amendments to EVCI’s 2004 Amended and Restated Incentive Stock Plan to                    increase the number of shares available for awards from 1,700,000                    to                    9,500,000 and to increase the limit on awards during the year                    ending April                    23, 2008 to permit the grants of options under the Plan to Participating                    Management, senior administrators of EVCI’s colleges and Robert F.                    Kennedy, Jr. on April 24, 2007 and to two new directors on May                    23,                    2007. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Item      2. Management’s Discussion and Analysis of Financial Condition and Results of      Operations**

**Overview      and critical accounting policies**

----

*Second*
*      q*
*uarter      developments*

| ·   | The                class action securities litigation and related stockholder derivative                action were terminated as described in Note 7 of Notes to Condensed                Consolidated Financial Statements. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                April 24, 2007, EVCI entered into definitive agreements relating                to the                ComVest Financing and Bank Debt                Restructuring. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                April 24, 2007, Robert F. Kennedy, Jr. joined EVCI’s Board of Directors to                fill the vacancy created by the resignation of Elie Housman, and                was                designated by the Board to be chairman of an educational oversight                committee to be formed at the next Board                meeting. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The                New York State Education Department (“SED”) has continued the enrollment                caps at Interboro at the same level of 1,000 new students as for                the                Spring 2007 semester. In June 2007, SED monitored Interboro’s progress                with a third site visit. Interboro is awaiting SED’s final report. EVCI is                not able to predict whether the final report will make any change                to the                enrollment caps or impose any other                conditions. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                May 23, 2007, EVCI completed the ComVest Financing and Bank Debt                Restructuring. |
|--------------------|------------------------------------------------------------------------------------------------------------------|

| ·   | On                May 23, 2007, Stephen Schwartz became the EVCI’s Chief Financial Officer                to fill the vacancy created by the resignation of Richard                Goldenberg. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                May 23, 2007, Brian H. Fluck and Inder Tallur were elected directors                of                EVCI to fill the vacancies created by the resignations of Royce N.                Flippin, Jr. and Richard                Goldenberg. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Summer                2007 enrollments were approximately as                follows: |
|--------------------|--------------------------------------------------------------------------------------|

** **
**,**

| ·   | On                June 13, 2007, NASDAQ notified EVCI that its common stock was subject                to                delisting from the NASDAQ Capital Market because EVCI was not satisfying                NASDAQ’s $1.00 minimum bid price requirement and did not obtain                stockholder approval for, and prior to the completion of, the ComVest                Financing. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                June 26, 2007, the New York State Board of Regents returned to TCI                the                ability to confer degrees. As required by regulation, degree conferral                authority was automatically transferred to the Regents when EVCI                acquired                TCI in September 2005. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

*U.S.      Department of Education program review - ATB rescoring project*

*Revenue      recognition*

*Goodwill      and other intangible assets*

----

*SFAS      No. 123R*

*Income      taxes*

*Niche      market*

----

*Marketing*

| **Period**                    | **Semester** |
|-------------------------------|--------------|
|                          |         |
| June through September        | Fall         |
| October through January  | Spring       |
| February through May          | Summer       |
|                          |         |

*Enrollments*

** **

|   |   | **2007** |   | **2006** |   | **2005** |   | **2004** |   |
|--------|--------|----------|--------|----------|--------|----------|--------|----------|--------|
|   |   |     |   |     |   |     |   |     |   |
| Spring |   |     | 6,145  |     |   | 6,160    |   |     | 3,700  |   |   | 2,800 |   |
| Summer |   |     | 4,160  |     |   | 4,140    |   |     | 2,650  |   |   | 1,975 |   |
| Fall   |   |     |   |     |   | 6,090    |   |     | 7,600  |   |   | 3,900 |   |
|   |   |     |   |     |   | 16,390   |   |     | 13,950 |   |   | 8,675 |   |

*Accelerated      TAP*

----

*Growth      and capacity*

*Seasonality      *

*Billing      and collections*

----

*Cost      of revenue*

*Other      salaries and all benefits*

*Closing      of Yonkers site*

|                                         |   |   | **Three                months ended June 30, 2006**  |   |   | **Six                months ended June 30, 2006**  |   |
|----------------------------------------------|--------|--------|-----------------------------------------------------------|--------|--------|---------------------------------------------------------|--------|
| Revenue                                      |   | $      | 345,000                                                   |   | $      | 818,000                                                 |   |
|                                         |   |   |                                                      |   |   |                                                    |   |
| Cost                of revenue               |   |   | 111,000                                                   |   |   | 279,000                                                 |   |
| Salaries                and benefits         |   |   | 186,000                                                   |   |   | 356,000                                                 |   |
| Depreciation                and amortization |   |   | 24,000                                                    |   |   | 51,000                                                  |   |
| Other                expenses                |   |   | 153,000                                                   |   |   | 327,000                                                 |   |
| Total                expenses                |   | $      | 474,000                                                   |   | $      | 1,013,000                                               |   |
| Net                Loss                      |   | $      | (129,000                                                  | )      | $      | (195,000                                                | )      |

**Comparison      of the three months ended June 30, 2007 and 2006**

|                                                        |   |  **Three                months ended****June, **  |   |
|-------------------------------------------------------------|--------|------------------------------------------------------------------|--------|
|                                                        |   |  **2007**                                              |   |  **2006**  |   |
| Total                revenue                                |   |                                                             | 100.0  | % |   | 100.0 | % |
| Cost                of revenue                              |   |                                                             | 42.6   |   |   | 42.1 |   |
| Selling,                general and administrative expenses |   |                                                             | 74.0   |   |   | 81.4 |   |
| Total                operating expenses                     |   |                                                             | 116.6  |   |   | 123.5 |   |
| Loss                before provision for income taxes       |   |                                                             | (23.3  | ) |   | (26.5 | ) |
| Net                loss                                     |   |                                                             | (23.3  | ) |   | (26.5 | ) |

----

----

|                                 |   |   | **June                30,                2007**  |   |
|--------------------------------------|--------|--------|-------------------------------------------------------|--------|
|                                 |   |   | **Interboro **                              |   |   | **TCI**  |   |   | **PSB**  |   |   | **Total**  |   |
|                                 |   |   |                                                  |   |   |   |   |   |   |   |   |   |   |
| Adjunct                instructors   |   |   | 94                                                    |   |   | 90 |   |   | 20 |   |   | 204 |   |
| Full-time                instructors |   |   | 64                                                    |   |   | 66 |   |   | 13 |   |   | 143 |   |
| Tutors                and Testers    |   |   | 24                                                    |   |   | 10 |   |   | 0 |   |   | 34 |   |
| Admissions                staff      |   |   | 28                                                    |   |   | 32 |   |   | 5 |   |   | 65 |   |
| Deans                and staff       |   |   | 8                                                     |   |   | 26 |   |   | 0 |   |   | 34 |   |
| Academic                advisors     |   |   | 10                                                    |   |   | 5 |   |   | 1 |   |   | 16 |   |
| Librarians                           |   |   | 8                                                     |   |   | 5 |   |   | 0 |   |   | 13 |   |
| Total                                |   |   | 236                                                   |   |   | 234 |   |   | 39 |   |   | 509 |   |

|                                            |   |   | **Three                months ended June                30, **  |   |
|-------------------------------------------------|--------|--------|---------------------------------------------------------------------------|--------|
|                                            |   |   | **2007**                                                             |   |   | **2006**  |   |
| Salaries                and benefits            |   |   | 27.9                                                                      |   |   | 31.1 |   |
| Marketing                                       |   |   | 12.1                                                                      |   |   | 13.4 |   |
| Depreciation                                    |   |   | 4.7                                                                       |   |   | 4.8 |   |
| Professional                and consulting fees |   |   | 3.6                                                                       |   |   | 2.7 |   |
| Non                cash compensation            |   |   | 1.1                                                                       |   |   | 3.3 |   |
| Other                expenses                   |   |   | 24.6                                                                      |   |   | 26.1 |   |
| Total                                           |   |   | 74.0                                                                      |   |   | 81.4 |   |

** **
** **

** **

----

** **

** **
** **

** **

**Comparison      of the six months ended June 30, 2007 and 2006**

|                                                        |   | **Six                months ended June 30,**  |   |
|-------------------------------------------------------------|--------|----------------------------------------------------|--------|
|                                                        |   | **2007**                                      |   | **2006**  |   |
| Total                revenue                                |   |                                               | 100.0  | % |   | 100.0 | % |
|                                                        |   |                                               |        |   |   |  |   |
| Cost              of revenue                                |   |                                               | 36.7   |   |   | 37.0 |   |
| Selling,                general and administrative expenses |   |                                               | 69.6   |   |   | 74.4 |   |
| Total                operating expenses                     |   |                                               | 106.3  |   |   | 111.4 |   |
| Loss                before provision for income taxes       |   |                                               | (11.2  | ) |   | (13.8 | ) |
| Net                loss                                     |   |                                               | (11.2  | )% |   | (13.9 | )% |

----

|                                            |   |  **Six                months ended June                30,** |   |
|-------------------------------------------------|--------|-------------------------------------------------------------------|--------|
|                                            |   | **2007 **                                                    |   | **2006** |   |
| Salaries                and benefits            |   |                                                              | 26.3   |   |   | 29.4 |   |
| Marketing                                       |   |                                                              | 10.5   |   |   | 9.8 |   |
| Depreciation                                    |   |                                                              | 4.2    |   |   | 4.4 |   |
| Professional                and consulting fees |   |                                                              | 3.2    |   |   | 4.1 |   |
| Non                cash compensation            |   |                                                              | .9     |   |   | 2.7 |   |
| Other                expenses                   |   |                                                              | 24.5   |   |   | 24.0 |   |
| Total                                           |   |                                                              | 69.6   |   |   | 74.4 |   |

----

----

**Financial      Condition, Liquidity and Capital Resources**

** **

|                                            |   |  Payments                due by period(in                thousands of dollars)  |   |
|-------------------------------------------------|--------|-------------------------------------------------------------------------------------------|--------|
|                                            |   |  Total                                                                          |   |  Less                thanOne                year  |   |  1-3Years  |   |  4-5years  |   |  More                than5                years  |   |
| Line                of credit                   |   | $                                                                                         | 4,600  |   | $ | 4,600 |   | $  |   |   | $ |  |   |   |   |   |
| Long-term                debt                   |   |                                                                                      | 3,915  |   |   | 3,129 |   |   | 758 |   |   | 28 |   |   |   |   |
| Capital                leases                   |   |                                                                                      | 297    |   |   | 229 |   |   | 68 |   |   |  |   |   |  |   |
| Convertible                note                 |   |                                                                                      | 9,785  |   |   |   |   |   | 9,785 |   |   |   |   |   |   |   |
| Operating                leases                 |   |                                                                                      | 43,935 |   |   | 6,373 |   |   | 17,969 |   |   | 12,203 |   |   | 7,390 |   |
| Total              contractual cash obligations |   | $                                                                                         | 62,532 |   | $ | 14,331 |   | $ | 28,580 |   | $ | 12,231 |   |  $ | 7,390 |   |

**Item      3. Quantitative and Qualitative Disclosures about Market      Risk**

*Interest      rate risk*

----

**Item      4. Controls and procedures**

**Disclosure      controls and procedures**

**PART      II**

**OTHER      INFORMATION**

**Item      1A. Risk Factors**

**Forward-looking      statements and Risk Factors **

----

**A      failure by any of our colleges to comply with extensive federal and state      regulations could have a material adverse impact on its ability to operate      and      grow.**

**Adverse      changes in the rules governing TAP disbursements could materially impede      Interboro’s and TCI’s ability to operate**

**Changes      in Ability to Benefit test regulations could materially and adversely affect      Interboro’s and TCI’s ability to operate and grow**

----

| ·   | increase                marketing efforts to enlarge applicant                pool |
|--------------------|------------------------------------------------------------------------------------|

| ·   | increase                efforts to provide students with more tutoring in math, English and                reading skills |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|

| ·   | apply                to the DOE for the ability to offer Title IV loans at Interboro that                could                be used to offset a student’s ineligibility to receive TAP                grants |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | increase                efforts to attract a higher percentage of high school graduates and                students with GEDs |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| ·   | if                necessary, downsize operations to accommodate lower new ATB student                enrollments |
|--------------------|------------------------------------------------------------------------------------------------------------------|

**The      amount and timing of TAP disbursements could materially impede the ability      of      Interboro and TCI to operate.**

**Interboro      may be subject to even more severe action by SED if it is not able to achieve      a      65% persistence rate or to implement other required changes at Interboro to      SED’s satisfaction.**

**Adverse      changes in the rules governing, or the amount or timing of, Pell program      disbursements could materially impede our colleges’ ability to      operate.**

**Title      IV program reviews, audits and inquiries of Interboro and TCI could result      in      their becoming ineligible to participate in Title IV program, or TAP or being      required to make material refunds of Title IV and TAP funds and/or pay penalties      and EVCI being required to reduce its operating income by the amount of those      refunds and payments. **

----

**Our      failure to satisfy specific financial responsibility standards established      by      federal and state regulators or the non-governmental agencies that accredit      our      schools could have a material adverse effect on us. **

**A      future TAP audit could result in Interboro or TCI being required to make      material refunds of TAP and Pell grants and EVCI being required to reduce its      operating income by the full amount of those refunds.**

**Over      the longer term, we expect enrollments at, and earnings of, our colleges to      grow      at a much slower rate than prior to 2006.**

----

**If      Interboro is unable to improve its graduation rate to levels SED deems      acceptable, the Board of Regents may deny or adversely condition Interboro’s      reaccreditation.**

**A      new TAP requirement relating to accelerated study could have a material adverse      impact on our revenue and retention and graduation rates.**

**The      capital and operating costs of implementing agreements with SED, in response      to      SED’s recommendations, could significantly exceed the estimates we have made to      date.**

**Our      margins may continue to erode if the maximum federal and state grants and loans      do not increase over time.**

**The      seasonality of our enrollments produces significant variations in our results      from quarter to quarter.**

**The      liquidity of our common stock and our ability to raise additional capital when      we may need it most will be adversely affected by a delisting of our common      stock from the NASDAQ Capital Market. **

**Actual      or threatened legal proceedings against us or any of our colleges by regulatory      agencies or private parties could have a material adverse effect on our      business.**

**Provisions      of laws or regulations, our certificate of incorporation and by-laws and the      terms of the ComVest Financing discourage takeover attempts by any party except,      perhaps, ComVest.**

**The      loss of the services of key management personnel could have a material adverse      effect on our operations and growth. **

**Our      business and results could materially suffer if we improperly balance or divert      resources from our operations to making acquisitions or if we make acquisitions      that do not meet our expectations. **

**We      cannot predict the impact on our future results of negotiations with TCI’s union      to extend the current collective bargaining agreement.**

**If      the operation of a college’s computer system is adversely affected by computer      viruses that are not recognized by available anti-virus software, or for any      other reason, its ability to operate could be severely      impaired.**

**Terrorist      activity, or the threat of it, in the New York Metropolitan area could adversely      affect Interboro and TCI.**

----

**Interboro’s      inability to foster and maintain relationships with community organizations      in      the communities where its college sites are located could adversely affect      those      sites.**

**The      change in ownership of our common stock as the result of the ComVest Financing      will substantially limit the utilization of our net operating loss      carryforwards.**

**Actual      or potential future sales of shares of our common stock by management could      have      an adverse effect on the market price of our common stock.**

**Our      share price has ranged greatly since we went public and may be very volatile      in      the future.**

**Our      classified board limits stockholder voting for election and removal of      directors.**

**Indemnification      and limitation of liability of our officers and directors may insulate them      from      accountability to stockholders at substantial cost to us.**

**Item      6. Exhibits **

| Exhibit                No.* |     | Description                of Exhibit                                                                                                                                                |
|-----------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                        |     |                                                                                                                                                                                 |
| 3.1[1]                 |  -- | Certificate                of Incorporation of the Registrant.                                                                                                                       |
|                        |     |                                                                                                                                                                                 |
| 3.2[1]                 |  -- | Certificate                of Merger of Educational Video Conferencing, Inc. (a New York Corporation)                into the Registrant (a Delaware Corporation).                   |
|                        |     |                                                                                                                                                                                 |
| 3.3[1]                 |  -- | Certificate                of Correction of the Certificate of Incorporation of the                Registrant.                                                                       |
|                        |     |                                                                                                                                                                                 |
| 3.4[3]       |  -- | Certificate                of Amendment, dated February 22, 1999, to Certificate of Incorporation                of                the Registrant.                                   |
|                        |     |                                                                                                                                                                                 |
| 3.5[23]                |  -- | Amended                and Restated By-Laws of the Registrant.                                                                                                                       |
|                        |     |                                                                                                                                                                                 |
| 3.6[5]                 |  -- | Certificate                Eliminating Reference to Series A 7.5% Convertible Preferred Stock                from                the Certificate of Incorporation of the Registrant. |
|                        |     |                                                                                                                                                                                 |
| 3.7[16]                |  -- | Certificate                of Amendment, dated May 23, 2002, to Certificate of Incorporation                of the                Registrant.                                        |
|                        |     |                                                                                                                                                                                 |
| 3.8[5]                 |  -- | Certificate                Eliminating Reference to Series B 7% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                        |     |                                                                                                                                                                                 |
| 3.9[5]                 |  -- | Certificate                Eliminating Reference to Series C 8% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                        |     |                                                                                                                                                                                 |
| 3.10[20]               |  -- | Certificate                of Amendment, filed August 9, 2004, to Certificate of Incorporation                of the                Registrant.                                      |

----

|                              |                     |                                                                                                                                                                                                                                                                 |
|-----------------------------------|--------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.11**                            |                  -- | Certificate                of Amendment, filed August 1, 2007, to Certificate of Incorporation                of the                Registrant.                                                                                                                      |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 4.2[2]                       |  --                 | Form                of Common Stock certificate.                                                                                                                                                                                                                     |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 4.3[4]                       |  --                 | Warrant                Agreement, dated January 14, 2000, between the Registrant and Bruce.                R.                Kalisch.                                                                                                                                |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 4.4[6]                       |  --                 | Warrant                Agreement, dated April 18, 2000, between the Registrant and Peter                J.                Solomon Company Limited.                                                                                                                   |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 4.5[7]                       |  --                 | Form                of Warrant issued to each seller of shares of ICTS,                Inc.                                                                                                                                                                          |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 4.6[14]                      |  --                 | Common                Stock Purchase Warrant issued in September 2003, to purchase 45,000                shares                of the Registrant’s common stock.                                                                                               |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 4.7[17]                      |  --                 | Common                Stock Purchase Warrant issued to placement agent on March 29,                2004.                                                                                                                                                             |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.1[28]                     |  --                 | Amended                and Restated Employment Agreement between the Registrant and Dr.                Arol I.                Buntzman, dated August 12, 2005.                                                                                                       |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.2[28]                          |  --                 | Amended                and Restated Employment Agreement between the Registrant and Dr.                John J.                McGrath, dated August 12, 2005.                                                                                                        |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.3                (a)[9]   |  --                 | Employment                Agreement between the Registrant and Richard Goldenberg, dated January                1,                2003.                                                                                                                              |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.3                (b)[23]  |  --                 | Letter                agreement, dated September 30, 2005, amending Employment Agreement                between                the Registrant and Richard Goldenberg dated January 1,                2003.                                                           |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.4[10]                     |  --                 | Amended                and Restated 1998 Incentive Stock Option Plan of the                Registrant.                                                                                                                                                               |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.5[11]                     |  --                 | 2001                Non-Qualified Stock Option Plan.                                                                                                                                                                                                                 |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.6[9]                      |  --                 | Form                of Change in Control Agreement used for agreements the Registrant                has with                each of Dr. Arol I. Buntzman, Dr. John J. McGrath, and Richard Goldenberg,                dated February 11, 2003.                      |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.7[1]                      |  --                 | Form                of Indemnification Agreement. [Used for each director and executive                officer of the Registrant.]                                                                                                                                   |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.8[4]                      |  --                 | Stock                Purchase Agreement, dated January 14, 2000, among Bruce R. Kalisch,                Interboro Holding, Inc. and Interboro Institute, Inc.                                                                                                        |
|                              |                     |                                                                                                                                                                                                                                                                 |
| 10.9[12]                     |  --                 | Lease                Agreement between 444 Realty Company and Interboro Institute, Inc.                dated                July 27, 1983, as amended by agreements dated September 20, 1988,                September 1, 1992, and February 1,                1993. |

----

| 10.10[12]               |  -- | Lease                Agreement between Interboro Institute, Inc. and JUYI, Inc., dated                January                26, 2001.                                                                                                                                                                                                                             |
|------------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.11[8]                |  -- | Promissory                Note for $1,000,000, dated August 4, 2003, payable by Interboro Institute,                Inc. to North Fork Bank.                                                                                                                                                                                                                       |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.12[8]                |  -- | Form                of the Registrant’s Subscription and Registration Rights Agreement                relating to the Registrant’s August 1, 2003 issuance of common stock and                warrants.                                                                                                                                                |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.13[13]               |  -- | Settlement                Agreement, made October 3, 2003, between Amaranth Trading L.L.C.                and the                Registrant.                                                                                                                                                                                                                       |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.14[13]               |  -- | Form                of Share Claim Purchase and Registration Rights Agreement between                the                Registrant and each investor acquiring a portion of the Amaranth                Trading                L.L.C.’s rights to claims to shares of EVCI’s common stock upon conversion                of Series B Preferred shares. |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.15[14]               |  -- | Third                Amendment and Lease Extension Agreement, made as of August 1, 2003,                between 444 Realty Company, L.L.C. and Interboro Institute,                Inc.                                                                                                                                                                            |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.16[15]               |  -- | Ownership                and Registration Rights Agreement, dated November 11, 2003, between                the                Registrant and JLF Partners I, L.P., JLF Partners II, L.P. and JLF                Offshore Fund.                                                                                                                                    |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
|  10.17(a)[16]           |  -- | Employment                Agreement between the Registrant and Joseph D. Alperin datedJanuary                1, 2004.                                                                                                                                                                                                                                              |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.17                (b)[23] |  -- | Letter                agreement, dated September 30, 2005, amending Employment Agreement                between                the Registrant and Joseph D. Alperin dated January 1,                2004.                                                                                                                                                          |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.18[16]               |  -- | Option                Agreement between the Registrant and Joseph D. Alperin dated January                1, 2004.                                                                                                                                                                                                                                                 |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.19[16]               |  -- | Change                of control letter agreement between the Registrant and Joseph D.                Alperin                dated January 1, 2004.                                                                                                                                                                                                                |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.20[16]               |  -- | Agreement,                made February 28, 2004, between Interboro Institute, Inc. and OPEIU                Local                153, AFL-CIO.                                                                                                                                                                                                                    |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.21[17]               |  -- | Securities                Purchase Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of Buyers.                                                                                                                                                                                      |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.22[17]               |  -- | Registration                Rights Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of Buyers.                                                                                                                                                                                      |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.23[18]               |  -- | Ownership                and Registration Rights Agreement, dated April 2, 2004, by and among                the                Registrant and nine funds managed by Wellington Management Company,                LLP.                                                                                                                                            |
|                         |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.24[19]               |  -- | 2004                Amended and Restated Incentive Stock                Plan                                                                                                                                                                                                                                                                                       |

----

| 10.25[20]                |  -- | Form                of Stock Option Agreement (Nonqualified Stock Option)                                                                                                                                                                                                                                                                                                                                                                                         |
|-------------------------------|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.26[20]                |  -- | Form                of Stock Option Agreement (Nonqualified Stock Option) covering option                grants to executive officers that were approved at the Registrant’s July                27, 2004 stockholders meeting.                                                                                                                                                                                                                             |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.27[21]                |  -- | Lease                made November 17, 2003 between Spruce Spires Associates, LP, and                Interboro                Institute, Inc.                                                                                                                                                                                                                                                                                                                     |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (a)[22]  |  -- | Sublease                for Premises at 37-02 Main Street, Flushing, NY 11354, dated March                28, 2005, between Genking, LLC and Interboro Institute, Inc. with                Exhibit                A and letter agreement, dated April 15, 2005, amending such sublease.                                                                                                                                                                           |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (b)[22]  |  -- | Consent                to Sublease, dated April 22, 2005, among Mehran Enterprises Ltd.,                Futurama                Home Furniture of Queens, Inc., Genking, LLC and Interboro Institute,                Inc.                                                                                                                                                                                                                                         |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (c)[22]  |  -- | Sublease,                dated March 30, 2004, between Futurama Home Furniture of Queens,                Inc. and                Genking, LLC.                                                                                                                                                                                                                                                                                                                    |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (d)[22]  |  -- | Agreement                of Lease, dated March 6, 2001, between Mehran Enterprise Ltd. and                Futurama                Home Furniture of Queens, Inc.                                                                                                                                                                                                                                                                                                  |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.29                [24]     |  -- | Stock                Purchase Agreement, dated September 30, 2005, among EVCI Career Colleges                Holding Corp., Technical Career Institutes, Inc., East Coast Training                Services of Delaware, Inc., East Coast Capital Corp. and North American                Training Services, Inc., with Exhibits (Schedules will be provided                supplementally to the Securities and Exchange Commission upon                request). |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.30(a)[25]                  |  -- | Loft                Lease dated as of September 1, 2004 between Getty Square Partners                LLC and                Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                             |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.30(b)[25]                  |  -- | Letter                agreement dated August 18, 2004 between Getty Square Partners LLC                and                Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                               |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.30(c)[25]                  |  -- | First                Amendment to Lease dated as of July 14, 2005 between Getty Square                Partners                LLC and Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                   |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.31[28]                     |  -- | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                Agreement, dated August 12, 2005, between the Registrant and Dr.                Arol I.                Buntzman.                                                                                                                                                                                                                                              |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.32[28]                     |  -- | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                Agreement, dated August 12, 2005, between the Registrant and Dr.                John J.                McGrath.                                                                                                                                                                                                                                               |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.33                (a)[26]  |  -- | Credit                Agreement, dated as of September 16, 2005, among the Registrant,                the                Guarantors from time-to-time parties thereto, the lenders from                time-to-time parties thereto and Harris N.A.                                                                                                                                                                                                               |
|                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.33                (b) [28] |  -- | First                Amendment to Credit Agreement , dated as of November 10, 2005, between                the                Registrant and Harris, N.A.                                                                                                                                                                                                                                                                                                         |

----

| 10.34                [26]          |  -- | Security                Agreement, dated as of September 16, 2005, among EVCI and other Debtors                and Harris N.A.                                                                                                                                                                                                                                                                                                                                                                               |
|------------------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.35                [26]     |  -- | Trademark                Collateral Agreement, dated September 16, 2005, between Technical                Career                Institutes, Inc. and Harris N.A.                                                                                                                                                                                                                                                                                                                                             |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.36                [27]     |  -- | Employment                Agreement, dated as of September 29, 2005, between EVCI andJoseph                J. Looney.                                                                                                                                                                                                                                                                                                                                                                                        |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.37                [27]     |  -- | Change                of control letter agreement, dated September 29, 2005, between EVCI                and                Joseph J. Looney.                                                                                                                                                                                                                                                                                                                                                           |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.38                [28]     |  -- | Lease                Agreement between Brill & Sharma Equities and Pennsylvania School of                Business for a term commencing June 1, 2005.                                                                                                                                                                                                                                                                                                                                                    |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.39                (a)[28]       |  -- | Net                Lease, dated as of December 19, 1997, between Overtime Properties                LLC and                Technical Career Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                 |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.39                (b)[28]  |  -- | First                Amendment of Lease dated as of October 1, 2002 between Overtime                Properties, LLC and Technical Career Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                    |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.40                (a)[28]       |  -- | Lease,                dated October 11, 1994, between F.H.E.A. Associates and Technical                Career                Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                                |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.40                (b)[28]       |  -- | First                Amendment of Lease, dated January 20, 1995, between F.H.E.A. Associates                and Technical Career Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                            |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|  10.40                (c)[28] |  -- | Second                Modification and Extension of Lease Agreement, dated April 15, 2005,                between Eighth Avenue Limited Liability Company and Technical Career                Institutes, Inc.                                                                                                                                                                                                                                                                                               |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.41                (a)[28]  |  -- | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW, AFL-CIO, effective October 10, 1992- October 9, 1995,                and                covering office clerical employees.                                                                                                                                                                                                                                |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.41                (b)[28]       |  -- | Memorandum                of Agreement, dated October 10, 1995, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office and clerical                employees, which was effective October 10, 1992- October 9,                1995.                                                                                                                                         |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.41                (c)[28]       |  -- | Memorandum                of Agreement, dated October ____, 1998, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office clerical                employees, which was effective from October 10, 1995 through October                9,                1998.                                                                                                                |
|                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.41                (d)[28]       |  -- | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW-AFL-CIO effective October 10, 1998-October 9, 2001,                covering instructors, laboratory technicians and maintenance persons                (This                agreement amends and restates the prior collective bargaining agreements                with the instructors, laboratory technicians and maintenance                employees.) |

----

| 10.41                (e)[28] |  -- | Memorandum                of Agreement, dated October 10, 2001, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such prior agreement effective October 10, 1998 through October 9,                2001. |
|------------------------------|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (f)[28] |  -- | Memorandum                of Agreement, dated October 10, 2004, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such agreement effective October 10, 2001 through October 9,                2004.       |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.42                [29]    |  -- | Letter                agreement, dated March 1, 2006, between the Registrant and Dr.                John J. McGrath.                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.43                [29]    |  -- | Form                of Restricted Stock Award Agreement for the restricted stock awards                to                participant's in the March 2006 salary reduction plan, including                Dr. John                J. McGrath, Dr. Arol I. Buntzman and Joseph J. Looney, without Annexes                A                and B.                                                                                                                                                                                                                              |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.44                [29]    |  -- | Employment                Agreement, dated March 1, 2006, between the Registrant andJoseph                D. Alperin.                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.45                [29]    |  -- | Restricted                Stock Award Agreement, dated March 1, 2006, between the Registrant                and                Joseph D. Alperin, without Annex A.                                                                                                                                                                                                                                                                                                                                                                                                          |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.46[34]                    |  -- | Amended                and Restated Credit Agreement dated as of September 16, 2005, amended                and                restated as of March 31, 2007, among EVCI Career Colleges Holding                Corp.,                the Guarantors from time to time parties hereto, and Harris N.A.                as                lender. Schedules will be provided supplementally to the Securities                and                Exchange Commission upon request.                                                                                             |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.47[35]                    |  -- | First                Amendment, made April 30, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                                                                                                                    |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.48[36]                    |  -- | Second                Amendment made June 26, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                                                                                                                     |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.49[36]                    |  -- | Waiver                Agreement made August 9, 2006 relating to Amended and Restated Credit                Agreement dated September 16, 2005 and amended and restated as of                March                31, 2006.                                                                                                                                                                                                                                                                                                                                                  |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  10.50[37]              | --       | Letter                Agreement, dated October 24, 2006, between the Registrant andDr.                Arol I. Buntzman.                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.51[38]               | --       | Memorandum                of Agreement dated January 30, 2007 between Office & Professional                Employees International Union, Local 153, AFL-CIO, and Interboro                Institute.                                                                                                                                                                                                                                                                                                                                                                   |

----

| 10.52                (a)[39]  | --     | Securities                Purchase Agreement, dated as of April 24, 2007, (the “SPA”) between the                Registrant and ComVest Investment Partners III, L.P. (“ComVest”).                Schedules will be provided supplementally to the Securities and Exchange                Commission upon request. |
|------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.52                (b)[39]  | --     | Exhibit                A to Securities Purchase Agreement: Form of ComVest Secured Convertible                Promissory .                                                                                                                                                                                                                 |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.52                (c)[39]  | --     | Exhibit                C to Securities Purchase Agreement: Form of Intercreditor                Agreement.                                                                                                                                                                                                                                 |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.52                (d)[39]  | --     | Exhibit                D to Securities Purchase Agreement: Form of ComVest Registration                Rights                Agreement.                                                                                                                                                                                                    |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.52                (e)[39]  | --     | Exhibit                E to Securities Purchase Agreement: Form of Security                Agreement.                                                                                                                                                                                                                                      |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.52                (f)[39]  | --     | Exhibit                F to Securities Purchase Agreement: Form of ComVest                Warrant.                                                                                                                                                                                                                                         |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.53[38]                     | --     | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. Arol I. Buntzman.                                                                                                                                                                                                |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.53                (a) [40]      | --     | Letter                Agreement, dated as of June 18, 2007, between the Registrant and                Dr. Arol                I. Buntzman correcting and reforming Letter Agreement, dated April                24,                2007, between the Registrant and Dr. Arol I. Buntzman.                                                  |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.54[38]                     | --     | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. John J. McGrath.                                                                                                                                                                                                 |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.55[38]                     | --     | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Joseph D. Alperin, Esq.                                                                                                                                                                                              |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.56[38]                     | --     | Employment                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                                                                                                                                     |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.57                (a)[38]  | --     | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. Arol                I.                Buntzman..                                                                                                                                                                                                   |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.57                (b)[38]  | --     | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. John                J.                McGrath.                                                                                                                                                                                                     |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.57                (c)[38]  | --     | Purchase                Agreement, dated April 24, 2007, between the Registrant and Joseph                D.                Alperin.                                                                                                                                                                                                       |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.57                (d)[38]  | --     | Purchase                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                                                                                                                                       |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 10.58[38]                     | --     | Form                of Secured Convertible Promissory Note to be issued by Registrant                to each                of Arol I. Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.                                                                                                                   |

----

| 10.59[38]                 | --       | Form                of Warrant to be issued by Registrant.                                                                                                                                                                                                                                                                                                         |
|--------------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.60[38]                 | --       | Registration                Rights Agreement, dated April 24, 2007, among the Registrant and                Arol I.                Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.                                                                                                                                               |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.61[39]                 | --       | Letter                Agreement, dated April 24, 2007, among ComVest, Dr. Arol I. Buntzman,                Dr.                John J. McGrath, Joseph D. Alperin, Esq. and Stephen                Schwartz.                                                                                                                                                        |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.62[38]                 | --       | Second                Amended and Restated Credit Agreement, dated April 24, 2007, among                the                Registrant, the Guarantors from time to time parties thereto, and                Harris                N.A. as lender. Schedules will be provided supplementally to the                Securities and Exchange Commission upon request. |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.63[38]                      | --       | Pledge                Agreement, dated April 24, 2007, between the Registrant and Harris                N.A.                                                                                                                                                                                                                                                       |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.64[40]                      | --       | Termination                of Change of Control Agreement, effective April 24, 2007, between                the                Registrant and Richard Goldenberg.                                                                                                                                                                                                  |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 10.65[40]                      | --       | Form                of Convertible Note, Warrant and Purchase Agreement Clarification                Agreement.                                                                                                                                                                                                                                                    |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 31.1**                         |  -- | Certification                of Chief Executive Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 31.2**                    |  -- | Certification                of Chief Financial Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 32.1**                    |  -- | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 32.2**                    |  -- | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 99.1[21]                  |  -- | Text                of final report, dated March 7, 2005, detailing the calculation of                the TAP                disallowances resulting from the TAP audit of the 2000-01 through                2002-03                academic years of Interboro Institute, Inc.                                                                                   |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 99.2                [24]  |  -- | Press                Release dated September 30, 2005 related to the announcement of                Exhibit                10.29(a) of this report.                                                                                                                                                                                                                |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 99.3                [27]       |  -- | Press                release dated October 3, 2005 and captioned “EVCI Career Colleges Hires                Joseph J. Looney to serve as Chief Financial Officer.”                                                                                                                                                                                     |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 99.4                [28]  |  -- | Press                Release dated October 19, 2005 and captioned “EVCI Career Colleges                Receives Draft Report of Compliance Review of Interboro                Institute.”                                                                                                                                                              |
|                           |     |                                                                                                                                                                                                                                                                                                                                                               |
| 99.5[30]                       |  -- | Unaudited                financial statements of Technical Career Institutes, Inc. as of                September                30, 2005 and for the nine months ended September 30, 2005 and 2004,                and                the notes related thereto.                                                                                                  |

----

| 99.6[30                   |  -- | Audited                financial statements of Technical Career Institutes, Inc. as                ofSeptember                30, 2004 and 2003 and for each of the years in the three-year period                ended                September 30, 2004 and the notes related thereto.                                                                                                                            |
|---------------------------|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.7                [30]  |  -- | Unaudited                pro forma financial information for the year ended December 31, 2004                and                the nine months ended September 30, 2005 and the notes related thereto.                                                                                                                                                                                                             |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.8                [31]  |  -- | Press                release dated December 5, 2005 and captioned “EVCI Career Colleges                Receives Final Report of Compliance Review of Interboro                Institute.”                                                                                                                                                                                                               |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.9                [31]  |  -- | Draft                Report of Compliance Review of Interboro Institute dated October                7,                2005.                                                                                                                                                                                                                                                                                        |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.10[31]                 |  -- | Response                of Interboro Institute Inc., dated November 3, 2005, to two draft                reports                from the State Education Department of New York.                                                                                                                                                                                                                                    |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.11                [31] |  -- | Letter                dated November 23, 2005 from Stephen H. Adolphus, President of Interboro                Institute, to Joseph P. Frey, Assistant Commissioner- Office of Quality                Assurance, New York State Education Department outlining Interboro                Institute’s revised admissions screening procedures.                                                                   |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.12                [31] |  -- | Letter                dated November 21, 2005 from Steven M. Gombos of Ritzert &                Leyton to Joseph P. Frey, Assistant Commissioner, The State Education                Department outlining the results of the independent investigation                for the                Audit Committee of the Board of Directors of EVCI Career Colleges                Holding                Corp. |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.13                [31] |  -- | Letter                dated December 2, 2005 from Joseph P. Frey, Assistant Commissioner-                Office                of Quality Assurance, the State Education Department of New York                including                attachment titled “State Education Department Analysis of Interboro                Institute’s Response to the Draft Report.”                             |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.14                [32] |  -- | Press                release dated January 13, 2006 and captioned “EVCI Career Colleges Reports                New Student Caps for Interboro’s Spring 2006 Through Spring 2007                Semesters.”                                                                                                                                                                                        |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.15                [32] |  -- | Letter                dated December 19, 2005 with enclosures from the registrant to Joseph                P.                Frey, Assistant Commissioner.                                                                                                                                                                                                                                                          |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.16                [32] |  -- | Letter                dated December 23, 2005 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                   |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.17                [32] |  -- | Letter                dated January 4, 2006 with enclosure from the registrant to Johanna                Duncan-Poitier, Deputy Commissioner.                                                                                                                                                                                                                                                                       |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.18                [32] |  -- | Letter                dated January 11, 2006 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                    |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.19                [33] |  -- | Response                of Interboro Institute to the December 2, 2005 Report from the New                York                State Education Department.                                                                                                                                                                                                                                                           |
|                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.20                [33] |  -- | Letter                dated February 2, 2006 from the New York State Education Department                to                EVCI.                                                                                                                                                                                                                                                                                    |

----

| 99.21[34] |  -- | Interboro                Institute’s Comprehensive Institutional Effectiveness Plan with                transmittal letter from the registrant dated February 22, 2006.                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-----------|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.22[34] |  -- | Letter                dated March 13, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.23[34] |  -- | Letter                dated March 14, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.24[34] |  -- | Interboro                Institute’s Mid-Point Self Study dated March 28, 2006 (without attachments                with transmittal letter from the Registrant dated March 30,                2006.)                                                                                                                                                                                                                                                                                                                                                                                           |
|      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.25[38] | --       | Report                of a Compliance Review of Interboro Institute June 19-20, 2006 and                October                16-18, 2006; transmittal letter dated March 23, 2007 to Registrant                from                Joseph P. Frey of the New York State Education Department; Ratings                for                Each Checked Standard (for use in assessing the Compliance Review),                and                letter dated January 11, 2006 from Johanna Duncan-Poitier, Deputy                Commissioner, referred to in the Compliance                Report). |

| __________  |                                                                                                                                    |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------|
| *           | Numbers                inside brackets indicate documents from which exhibits have been                incorporated by reference.  |
| **               | Filed                herewith.                                                                                                          |
|             |                                                                                                                                    |

| [1]  | Incorporated                by reference to the Registrant’s Registration Statement on Form SB-2,                filed October                23, 1998, Registration No. 333-66085.                                   |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| [2]  | Incorporated                by reference to Amendment No. 4, dated February 10, 1999, to the                Registrant’s Form SB-2, Registration No. 333-66085.                                                       |
| [3]  | Incorporated                by reference to Registrant’s Form 10-QSB for the quarter ended September                30, 1999.                                                                                         |
| [4]  | Incorporated                by reference to the Registrant’s Form 8-K dated January 14,                2000.                                                                                                          |
| [5]  | Incorporated                by reference to the Registrant’s Form 8-K dated October 6,                2000.                                                                                                           |
| [6]  | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2000.                                                                                     |
| [7]  | Incorporated                by reference to the Registrant’s Form 8-K dated July 1,                2001.                                                                                                              |
| [8]  | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                                     |
| [9]  | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2002.                                                                                         |
| [10] | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                December                31, 2002, Registration No. 333-102310.                                   |
| [11] | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                October 23, 2001, Registration No. 333-72080.                                                    |
| [12] | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                                     |
| [13] | Incorporated                by reference to the Registrant’s Form 8-K dated October 10,                2003.                                                                                                          |
| [14] | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                                     |
| [15] | Incorporated                by reference to Amendment No. 1 to the Registrant’s Registration Statement                on Form                S-3, filed December 4, 2003, Registration No.                333-110567. |
| [16] | Incorporated                by reference to the Registrant’s Form 10-KSB/A for the year ended December                31, 2003.                                                                                       |
| [17] | Incorporated                by reference to the Registrant’s Form 8-K dated March 29,                2004.                                                                                                            |
| [18] | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2004.                                                                                     |
| [19] | Incorporated                by reference to the Registrant’s definitive Proxy Statement dated May 2,                2005.                                                                                             |
| [20] | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2004.                                                                                     |

----

| [21] | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2004.                                                                                                                                        |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| [22] | Incorporated                by reference to the Registrant’s Form 8-K dated March 7, 2005.                                                                                                                                                                           |
| [23] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended September                30, 2005.                                                                                                                                      |
| [24] | Incorporated                by reference to the Registrant’s Form 8-K dated July 1, 2005.                                                                                                                                                                            |
| [25] | Incorporated                by reference to the Registrant’s Form 8-K dated July 18, 2005.                                                                                                                                                                           |
| [26] | Incorporated                by reference to the Registrant’s Form 8-K dated September 16,                2005.                                                                                                                                                       |
| [27] | Incorporated                by reference to the Registrant’s Form 8-K dated September 29,                2005.                                                                                                                                                       |
| [28] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended September                30, 2005.                                                                                                                                      |
| [29] | Incorporated                by reference to the Registrant’s Form 8-K dated March 1,                2006.                                                                                                                                                            |
| [30] | Incorporated                by reference to the Registrant’s Form 8-K/A dated September 16,                2005.                                                                                                                                                     |
| [31] | Incorporated                by reference to the Registrant’s Form 8-K dated December 5,                2005.                                                                                                                                                         |
| [32] | Incorporated                by reference to the Registrant’s Form 8-K dated January 12,                2006.                                                                                                                                                         |
| [33] | Incorporated                by reference to the Registrant’s Form 8-K dated February 3,                2006.                                                                                                                                                         |
| [34] | Incorporated                by reference to the Registrant’s Form 10-K filed March 31,                2007.                                                                                                                                                          |
| [35] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended March 31,                2006.                                                                                                                                          |
| [36] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended June 30,                2006.                                                                                                                                           |
| [37] | Incorporated                by reference to the Registrant’s Form 8-K dated October 26,                2006.                                                                                                                                                         |
| [38] | Incorporated                by reference to the Registrant’s Form 10-K filed April 27, 2007. Please                note that Exhibits 10.57(a), 10.57(b), 10.57(c) and 10.57(d) have                been                included together as Exhibit 10.57 on Edgar. |
| [39] | Incorporated                by reference to the Registrant’s Form 10-K/A, Amendment No. 2, filed May                23, 2007.                                                                                                                                        |
| [40] | Incorporated                by reference to the Registrant’s Form 10-K/A, Amendment No. 3, filed                August 10, 2007.                                                                                                                                     |

----

**SIGNATURES**

|         |                                                                                                                                |                                                   |
|--------------|-------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------|
|         | EVCI                CAREER COLLEGES HOLDING CORP.                                                                                   |
|    |                                                                                                                           |                                              |
|         | By:                                                                                                                       | /s/ Dr.              John              J. McGrath |
|         | Dr.                John J. McGrathChief                Executive Officer and President (Principal                Executive Officer) |

|   |                                                                                                                                   |                                     |
|--------|----------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------|
|   | By:                                                                                                                          | /s/ Stephen                Schwartz |
|   | Stephen                  SchwartzChief                  Financial Officer(Principal                  Financial and Accounting Officer) |
|   |                                                                                                                                   |

----

**EXHIBIT      INDEX**

| Exhibit                No.*           |   | Description                of Exhibit                                                                                                                                                |
|---------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                  |   |                                                                                                                                                                                 |
| 3.1[1]                 --        |   | Certificate                of Incorporation of the Registrant.                                                                                                                       |
|                                  |   |                                                                                                                                                                                 |
| 3.2[1]                 --        |   | Certificate                of Merger of Educational Video Conferencing, Inc. (a New York Corporation)                into the Registrant (a Delaware Corporation).                   |
|                                  |   |                                                                                                                                                                                 |
| 3.3[1]                 --        |   | Certificate                of Correction of the Certificate of Incorporation of the                Registrant.                                                                       |
|                                  |   |                                                                                                                                                                                 |
| 3.4[3]                   -- |   | Certificate                of Amendment, dated February 22, 1999, to Certificate of Incorporation                of                the Registrant.                                   |
|                                  |   |                                                                                                                                                                                 |
| 3.5[23]                 --       |   | Amended                and Restated By-Laws of the Registrant.                                                                                                                       |
|                                  |   |                                                                                                                                                                                 |
| 3.6[5]                 --        |   | Certificate                Eliminating Reference to Series A 7.5% Convertible Preferred Stock                from                the Certificate of Incorporation of the Registrant. |
|                                  |   |                                                                                                                                                                                 |
| 3.7[16]                 --       |   | Certificate                of Amendment, dated May 23, 2002, to Certificate of Incorporation                of the                Registrant.                                        |
|                                  |   |                                                                                                                                                                                 |
| 3.8[5]                 --        |   | Certificate                Eliminating Reference to Series B 7% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                                  |   |                                                                                                                                                                                 |
| 3.9[5]                 --        |   | Certificate                Eliminating Reference to Series C 8% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                                  |   |                                                                                                                                                                                 |
| 3.10[20]                 --      |   | Certificate                of Amendment, filed August 9, 2004, to Certificate of Incorporation                of the                Registrant.                                      |
|                                  |   |                                                                                                                                                                                 |
| 3.11**                                |   | Certificate                of Amendment, filed August 1, 2007, to Certificate of Incorporation                of the                Registrant.                                      |
|                                  |   |                                                                                                                                                                                 |
| 4.2[2]                 --        |   | Form                of Common Stock certificate.                                                                                                                                     |
|                                  |   |                                                                                                                                                                                 |
| 4.3[4]                 --        |   | Warrant                Agreement, dated January 14, 2000, between the Registrant and Bruce.                R.                Kalisch.                                                |
|                                  |   |                                                                                                                                                                                 |
| 4.4[6]                 --        |   | Warrant                Agreement, dated April 18, 2000, between the Registrant and Peter                J.                Solomon Company Limited.                                   |
|                                  |   |                                                                                                                                                                                 |
| 4.5[7]                 --        |   | Form                of Warrant issued to each seller of shares of ICTS,                Inc.                                                                                          |
|                                  |   |                                                                                                                                                                                 |
| 4.6[14]                 --       |   | Common                Stock Purchase Warrant issued in September 2003, to purchase 45,000                shares                of the Registrant’s common stock.               |

----

| 4.7[17]                 --      |   | Common                Stock Purchase Warrant issued to placement agent on March 29,                2004.                                                                                                                                                                                                                                                           |
|--------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.1[28]                 --     |   | Amended                and Restated Employment Agreement between the Registrant and Dr.                Arol I.                Buntzman, dated August 12, 2005.                                                                                                                                                                                                     |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.2[28]                 --     |   | Amended                and Restated Employment Agreement between the Registrant and Dr.                John J.                McGrath, dated August 12, 2005.                                                                                                                                                                                                      |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.3                (a)[9]  --  |   | Employment                Agreement between the Registrant and Richard Goldenberg, dated January                1,                2003.                                                                                                                                                                                                                            |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.3                (b)[23]  -- |   | Letter                agreement, dated June 30, 2005, amending Employment Agreement between                the                Registrant and Richard Goldenberg dated January 1,                2003.                                                                                                                                                              |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.4[10]                 --     |   | Amended                and Restated 1998 Incentive Stock Option Plan of the                Registrant.                                                                                                                                                                                                                                                             |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.5[11]                 --     |   | 2001                Non-Qualified Stock Option Plan.                                                                                                                                                                                                                                                                                                               |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.6[9]                 --      |   | Form                of Change in Control Agreement used for agreements the Registrant                has with                each of Dr. Arol I. Buntzman, Dr. John J. McGrath, and Richard Goldenberg,                dated February 11, 2003.                                                                                                                    |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.7[1]                 --      |   | Form                of Indemnification Agreement. [Used for each director and executive                officer of the Registrant.]                                                                                                                                                                                                                                 |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.8[4]                 --      |   | Stock                Purchase Agreement, dated January 14, 2000, among Bruce R. Kalisch,                Interboro Holding, Inc. and Interboro Institute, Inc.                                                                                                                                                                                                      |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.9[12]                 --     |   | Lease                Agreement between 444 Realty Company and Interboro Institute, Inc.                dated                July 27, 1983, as amended by agreements dated September 20, 1988,                September 1, 1992, and February 1, 1993.                                                                                                              |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.10[12]                 --    |   | Lease                Agreement between Interboro Institute, Inc. and JUYI, Inc., dated                January                26, 2001.                                                                                                                                                                                                                             |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.11[8]                 --     |   | Promissory                Note for $1,000,000, dated August 4, 2003, payable by Interboro Institute,                Inc. to North Fork Bank.                                                                                                                                                                                                                       |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.12[8]                 --     |   | Form                of the Registrant’s Subscription and Registration Rights Agreement                relating to the Registrant’s August 1, 2003 issuance of common stock and                warrants.                                                                                                                                                |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.13[13]                 --    |   | Settlement                Agreement, made October 3, 2003, between Amaranth Trading L.L.C.                and the                Registrant.                                                                                                                                                                                                                       |
|                                 |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.14[13]                 --    |   | Form                of Share Claim Purchase and Registration Rights Agreement between                the                Registrant and each investor acquiring a portion of the Amaranth                Trading                L.L.C.’s rights to claims to shares of EVCI’s common stock upon conversion                of Series B Preferred shares. |

----

| 10.15[14]                 -- |   | Third                Amendment and Lease Extension Agreement, made as of August 1, 2003,                between 444 Realty Company, L.L.C. and Interboro Institute,                Inc.                                                                                                |
|-----------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.16[15]                 -- |   | Ownership                and Registration Rights Agreement, dated November 11, 2003, between                the                Registrant and JLF Partners I, L.P., JLF Partners II, L.P. and JLF                Offshore Fund.                                                        |
|                              |   |                                                                                                                                                                                                                                                                                   |
|  10.17(a)[16]--              |   | Employment                Agreement between the Registrant and Joseph D. Alperin dated January                1,                2004.                                                                                                                                                  |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.17                (b)[23]--    |   | Letter                agreement, dated June 30, 2005, amending Employment Agreement between                the                Registrant and Joseph D. Alperin dated January 1, 2004.                                                                                                  |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.18[16]                 -- |   | Option                Agreement between the Registrant and Joseph D. Alperin dated January                1,                2004.                                                                                                                                                      |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.19[16]                 -- |   | Change                of control letter agreement between the Registrant and Joseph D.                Alperin                dated January 1, 2004.                                                                                                                                    |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.20[16]                 -- |   | Agreement,                made February 28, 2004, between Interboro Institute, Inc. and OPEIU                Local                153, AFL-CIO.                                                                                                                                        |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.21[17]                 -- |   | Securities                Purchase Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of Buyers.                                                                                                          |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.22[17]                 -- |   | Registration                Rights Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of Buyers.                                                                                                          |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.23[18]                 -- |   | Ownership                and Registration Rights Agreement, dated April 2, 2004, by and among                the                Registrant and six funds managed by Wellington Management Company,                LLP.                                                                 |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.24[19]                 -- |   | 2004                Amended and Restated Incentive Stock Plan                                                                                                                                                                                                                          |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.25[20]                 -- |   | Form                of Stock Option Agreement (Nonqualified Stock Option)                                                                                                                                                                                                              |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.26[20]                 -- |   | Form                of Stock Option Agreement (Nonqualified Stock Option) covering option                grants to executive officers that were approved at the Registrant’s July                27, 2004 stockholders meeting.                                                  |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.27[21]                 -- |   | Lease                made November 17, 2003 between Spruce Spires Associates, LP, and                Interboro                Institute, Inc.                                                                                                                                          |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.28                (a)[22]--    |   | Sublease                for Premises at 37-02 Main Street, Flushing, NY 11354, dated March                28,                2005, between Genking, LLC and Interboro Institute, Inc. withExhibit                A and letter agreement, dated April 15, 2005, amending such sublease. |
|                              |   |                                                                                                                                                                                                                                                                                   |
| 10.28                (b)[22]--    |   | Consent                to Sublease, dated April 22, 2005, among Mehran Enterprises Ltd.,                Futurama                Home Furniture of Queens, Inc., Genking, LLC and Interboro Institute,                Inc.                                                              |

----

| 10.28                (c)[22]--                 |   | Sublease,                dated March 30, 2004, between Futurama Home Furniture of Queens,                Inc. and                Genking, LLC.                                                                                                                                                                                                                                                                                                               |
|------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.28                (d)[22]--                 |   | Agreement                of Lease, dated March 6, 2001, between Mehran Enterprise Ltd. and                Futurama                Home Furniture of Queens, Inc.                                                                                                                                                                                                                                                                                             |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.29                [24]  --             |   | Stock                Purchase Agreement, dated June 30, 2005, among EVCI Career Colleges                Holding Corp., Technical Career Institutes, Inc., East Coast Training                Services of Delaware, Inc., East Coast Capital Corp. and North American                Training Services, Inc., with Exhibits (Schedules will be provided                supplementally to the Securities and Exchange Commission upon                request). |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.30(a)[25]                --                 |   | Loft                Lease dated as of September 1, 2004 between Getty Square Partners                LLC and                Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                        |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.30(b)[25]                --                 |   | Letter                agreement dated August 18, 2004 between Getty Square Partners LLC                and                Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                          |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.30(c)[25]                --                 |   | First                Amendment to Lease dated as of July 14, 2005 between Getty Square                Partners                LLC and Interboro Institute, Inc.                                                                                                                                                                                                                                                                                              |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.31[28] --                              |   | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                 Agreement,                dated August 12, 2005, between the Registrant and Dr. Arol I.                Buntzman.                                                                                                                                                                                                                                   |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.32[28] --                              |   | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                Agreement, dated August 12, 2005, between the Registrant and Dr.                John J.                McGrath.                                                                                                                                                                                                                                          |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.33                (a)[26]--                 |   | Credit                Agreement, dated as of September 16, 2005, among the Registrant,                the                Guarantors from time-to-time parties thereto, the lenders from                time-to-time parties thereto and Harris N.A.                                                                                                                                                                                                          |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.33                (b) [28]--                |   | First                Amendment to Credit Agreement , dated as of November 10, 2005, between                the                Registrant and Harris, N.A.                                                                                                                                                                                                                                                                                                    |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.34                [26] --              |   | Security                Agreement, dated as of September 16, 2005, among EVCI and other Debtors                and Harris N.A.                                                                                                                                                                                                                                                                                                                               |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.35                [26]  --   |   | Trademark                Collateral Agreement, dated September 16, 2005, between Technical                Career                Institutes, Inc. and Harris N.A.                                                                                                                                                                                                                                                                                             |
|                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.36                [27]  --             |   | Employment                Agreement, dated as of September 29, 2005, between EVCI and Joseph                J.                Looney.                                                                                                                                                                                                                                                                                                                        |

----

| 10.37                [27]   --                         |   | Change                of control letter agreement, dated September 29, 2005, between EVCI                and                Joseph J. Looney.                                                                                                                                                                                                                                                                                                                                                                                                                          |
|------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.38                [28]   --                         |   | Lease                Agreement between Brill & Sharma Equities and Pennsylvania School of                Business for a term commencing June 1, 2005.                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.39                (a)[28]  --                            |   | Net                Lease, dated as of December 19, 1997, between Overtime Properties                LLC and                Technical Career Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.39                (b)[28]                 --   |   | First                Amendment of Lease dated as of October 1, 2002 between Overtime                Properties, LLC and Technical Career Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.40                (a)[28] --                             |   | Lease,                dated October 11, 1994, between F.H.E.A. Associates and Technical                Career                Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                               |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.40                (b)[28] --                             |   | First                Amendment of Lease, dated January 20, 1995, between F.H.E.A. Associates                and Technical Career Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  10.40                (c)[28]  --                      |   | Second                Modification and Extension of Lease Agreement, dated April 15, 2005,                between Eighth Avenue Limited Liability Company and Technical Career                Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                              |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (a)[28]  --                            |   | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW, AFL-CIO, effective October 10, 1992- October 9, 1995,                and                covering office clerical employees.                                                                                                                                                                                                                                                                                               |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (b)[28] --                             |   | Memorandum                of Agreement, dated October 10, 1995, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office and clerical                employees, which was effective October 10, 1992- October 9,                1995.                                                                                                                                                                                                        |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (c)[28]  --                            |   | Memorandum                of Agreement, dated October ____, 1998, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office clerical                employees, which was effective from October 10, 1995 through October                9,                1998.                                                                                                                                                                               |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (d)[28]  --                            |   | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW-AFL-CIO effective October 10, 1998-October 9, 2001,                covering instructors, laboratory technicians and maintenance persons                (This                agreement amends and restates the prior collective bargaining agreements                with the instructors, laboratory technicians and maintenance                employees.)                                                                |
|                                                             |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (e)[28]  --                            |   | Memorandum                of Agreement, dated October 10, 2001, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such prior agreement effective October 10, 1998 through October 9,                2001. |

----

| 10.41                (f)[28]  --   |   | Memorandum                of Agreement, dated October 10, 2004, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such agreement effective October 10, 2001 through October 9,                2004. |
|-----------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.42                [29]  -- |   | Letter                agreement, dated March 1, 2006, between the Registrant and Dr. John                J.                McGrath.                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.43                [29]  -- |   | Form                of Restricted Stock Award Agreement for the restricted stock awards                to Dr.                John J. McGrath, Dr. Arol I. Buntzman and Joseph J. Looney, without                Annexes A and B.                                                                                                                                                                                                                                                                                                                                      |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.44                [29]  -- |   | Employment                Agreement, dated March 1, 2006, between the Registrant and Joseph                D.                Alperin.                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.45                [29]  -- |   | Restricted                Stock Award Agreement, dated March 1, 2006, between the Registrant                and                Joseph D. Alperin, without Annex A.                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.46[34]  --                 |   | Amended                and Restated Credit Agreement dated as of September 16, 2005, amended                and                restated as of March 31, 2006, among EVCI Career Colleges Holding                Corp.,                the Guarantors from time to time parties hereto, and Harris N.A.                as                lender. “Schedules will be provided supplementally to the Securities and                Exchange Commission upon request.”                                                                                        |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.47[35] --                       |   | First                Amendment, made April 30, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                                                                                                              |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.48[36] --                       |   | Second                Amendment, made June 26, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                                                                                                              |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.49[36] --                       |   | Waiver                Agreement, made August 9, 2006, relating to Amended and Restated                Credit                Agreement dated September 16, 2005 and amended and restated as of                March                31, 2006.                                                                                                                                                                                                                                                                                                                           |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.50[37] --                       |   | Letter                Agreement, dated October 24, 2006, between the Registrant and Dr.                Arol I.                Buntzman.                                                                                                                                                                                                                                                                                                                                                                                                                               |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| 10.51[38] --                       |   | Memorandum                of Agreement dated January 30, 2007 between Office & Professional                Employees International Union, Local 153, AFL-CIO, and Interboro                Institute.                                                                                                                                                                                                                                                                                                                                                             |   |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| 10.52                (a)[39] --    |   | Securities                Purchase Agreement, dated as of April 24, 2007, (the “SPA”) between the                Registrant and ComVest Investment Partners III, L.P. (“ComVest”).                Schedules will be provided     supplementally                to the Securities and Exchange Commission upon request.                                                                                                                                                                                                    |   |

----

| 10.52                (b)[39] -- |   | Exhibit                A to Securities Purchase Agreement: Form of ComVest Secured Convertible                Promissory .                                                                                                                                                                |
|--------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.52                (c)[39] -- |   | Exhibit                C to Securities Purchase Agreement: Form of Intercreditor                Agreement.                                                                                                                                                                                |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.52                (d)[39] -- |   | Exhibit                D to Securities Purchase Agreement: Form of ComVest Registration                Rights                Agreement.                                                                                                                                                   |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.52                (e)[39] -- |   | Exhibit                E to Securities Purchase Agreement: Form of Security                Agreement.                                                                                                                                                                                     |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.52                (f)[39] -- |   | Exhibit                F to Securities Purchase Agreement: Form of ComVest                Warrant.                                                                                                                                                                                        |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.53[38] --                    |   | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. Arol I. Buntzman.                                                                                                                                               |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.53                (a)[40] -- |   | Letter                Agreement, dated as of June 18, 2007, between the Registrant and                Dr. Arol                I. Buntzman correcting and reforming Letter Agreement, dated April                24,                2007, between the Registrant and Dr. Arol I. Buntzman. |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.54[38] --                    |   | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. John J. McGrath.                                                                                                                                                |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.55[38] --                    |   | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Joseph D. Alperin, Esq.                                                                                                                                             |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.56[38] --                    |   | Employment                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                                                                                    |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.57                (a)[38] -- |   | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. Arol                I.                Buntzman..                                                                                                                                                  |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.57                (b)[38] -- |   | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. John                J.                McGrath.                                                                                                                                                    |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.57                (c)[38] -- |   | Purchase                Agreement, dated April 24, 2007, between the Registrant and Joseph                D.                Alperin.                                                                                                                                                      |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.57                (d)[38] -- |   | Purchase                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                                                                                      |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.58[38] --                    |   | Form                of Secured Convertible Promissory Note to be issued by Registrant                to each                of Arol I. Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.                                                                  |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.59[38] --                    |   | Form                of Warrant to be issued by Registrant.                                                                                                                                                                                                                                |
|                                 |   |                                                                                                                                                                                                                                                                                      |
| 10.60[38] --                    |   | Registration                Rights Agreement, dated April 24, 2007, among the Registrant and                Arol I.                Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.                                                                      |

----

| 10.61[39] --                       |   | Letter                Agreement, dated April 24, 2007, among ComVest, Dr. Arol I. Buntzman,                Dr.                John J. McGrath, Joseph D. Alperin, Esq. and Stephen                Schwartz.                                                                                                                                                        |
|-----------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.62[38] --                       |   | Second                Amended and Restated Credit Agreement, dated April 24, 2007, among                the                Registrant, the Guarantors from time to time parties thereto, and                Harris                N.A. as lender. Schedules will be provided supplementally to the                Securities and Exchange Commission upon request. |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.63[38]                               |   | Pledge                Agreement, dated April 24, 2007, between the Registrant and Harris                N.A                                                                                                                                                                                                                                                        |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.64[40]  --                 |   | Termination                of Change of Control Agreement, effective April 24, 2007, between                the                Registrant and Richard Goldenberg.                                                                                                                                                                                                  |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 10.65[40]  --                 |   | Form                of Convertible Note, Warrant and Purchase Agreement Clarification                Agreement.                                                                                                                                                                                                                                                    |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 31.1**                  --    |   | Certification                of Chief Executive Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 31.2**                  --    |   | Certification                of Chief Financial Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 32.1**                  --    |   | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 32.2**                  --    |   | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 99.1[21]                  --  |   | Text                of final report, dated March 7, 2005, detailing the calculation of                the TAP                disallowances resulting from the TAP audit of the 2000-01 through                2002-03                academic years of Interboro Institute, Inc.                                                                                   |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 99.2                [24]   -- |   | Press                Release dated June 30, 2005 related to the announcement of Exhibit                10.29(a) of this report.                                                                                                                                                                                                                                    |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 99.3                [27]   -- |   | Press                release dated October 3, 2005 and captioned “EVCI Career Colleges Hires                Joseph J. Looney to serve as Chief Financial Officer.”                                                                                                                                                                                     |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 99.4                [28]   -- |   | Press                Release dated October 19, 2005 and captioned “EVCI Career Colleges                Receives Draft Report of Compliance Review of Interboro                Institute.”                                                                                                                                                              |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 99.5[30]  --                  |   | Unaudited                financial statements of Technical Career Institutes, Inc. as of June                30,                2005 and for the nine months ended June 30, 2005 and 2004, and the                notes                related thereto.                                                                                                            |
|                                    |   |                                                                                                                                                                                                                                                                                                                                                               |
| 99.6[30]  --                  |   | Audited                financial statements of Technical Career Institutes, Inc. as of September                30, 2004 and 2003 and for each of the years in the three-year period                ended                September 30, 2004 and the notes related                thereto.                                                                          |

----

| 99.7[30]  --  |   | Unaudited                pro forma financial information for the year ended December 31, 2004                and                the nine months ended September 30, 2005 and the notes related thereto.                                                                                                                                                                                                             |
|-------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.8[31]  --  |   | Press                release dated December 5, 2005 and captioned “EVCI Career Colleges                Receives Final Report of Compliance Review of Interboro                Institute.”                                                                                                                                                                                                               |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.9[31]  --  |   | Draft                Report of Compliance Review of Interboro Institute dated October                7,                2005.                                                                                                                                                                                                                                                                                        |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.10[31]  -- |   | Response                of Interboro Institute Inc., dated November 3, 2005, to two draft                reports                from the State Education Department of New York.                                                                                                                                                                                                                                    |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.11[31]  -- |   | Letter                dated November 23, 2005 from Stephen H. Adolphus, President of Interboro                Institute, to Joseph P. Frey, Assistant Commissioner- Office of Quality                Assurance, New York State Education Department outlining Interboro                Institute’s revised admissions screening procedures.                                                                   |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.12[31]  -- |   | Letter                dated November 21, 2005 from Steven M. Gombos of Ritzert &                Leyton to Joseph P. Frey, Assistant Commissioner, The State Education                Department outlining the results of the independent investigation                for the                Audit Committee of the Board of Directors of EVCI Career Colleges                Holding                Corp. |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.13[31]  -- |   | Letter                dated December 2, 2005 from Joseph P. Frey, Assistant Commissioner-                Office                of Quality Assurance, the State Education Department of New York                including                attachment titled “State Education Department Analysis of Interboro                Institute’s Response to the Draft Report.”                             |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.14[32]  -- |   | Press                release dated January 13, 2006 and captioned “EVCI Career Colleges Reports                New Student Caps for Interboro’s Spring 2006 Through Spring 2007                Semesters.”                                                                                                                                                                                        |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.15[32]  -- |   | Letter                dated December 19, 2005 with enclosures from the registrant to Joseph                P.                Frey, Assistant Commissioner.                                                                                                                                                                                                                                                          |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.16[32]  -- |   | Letter                dated December 23, 2005 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                   |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.17[32]  -- |   | Letter                dated January 4, 2006 with enclosure from the registrant to Johanna                Duncan-Poitier, Deputy Commissioner.                                                                                                                                                                                                                                                                       |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.18[32]  -- |   | Letter                dated January 11, 2006 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                    |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.19[33]  -- |   | Response                of Interboro Institute to the December 2, 2005 Report from the New                York                State Education Department.                                                                                                                                                                                                                                                           |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.20[33]  -- |   | Letter                dated February 2, 2006 from the New York State Education Department                to                EVCI.                                                                                                                                                                                                                                                                                    |

----

| 99.21[34]  -- |   | Interboro                Institute’s Comprehensive Institutional Effectiveness Plan with                transmittal letter from the registrant dated February 22, 2006.                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.22[34]  -- |   | Letter                dated March 13, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 99.23[34]  -- |   | Letter                dated March 14, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.24[34]  -- |   | Interboro                Institute’s Mid-Point Self Study dated March 28, 2006 (without attachments                with transmittal letter from the Registrant dated March 30,                2006.                                                                                                                                                                                                                                                                                                                                                                                            |
|                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.25[38]  -- |   | Report                of a Compliance Review of Interboro Institute June 19-20, 2006 and                October                16-18, 2006; transmittal letter dated March 23, 2007 to Registrant                from                Joseph P. Frey of the New York State Education Department; Ratings                for                Each Checked Standard (for use in assessing the Compliance Review),                and                letter dated January 11, 2006 from Johanna Duncan-Poitier, Deputy                Commissioner, referred to in the Compliance                Report). |

| __________  |                                                                                                                                                                                                         |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *           | Numbers                inside brackets indicate documents from which exhibits have been                incorporated by reference.                                                                       |
| **               | Filed                herewith.                                                                                                                                                                               |
|             |                                                                                                                                                                                                         |
| [1]              | Incorporated                by reference to the Registrant’s Registration Statement on Form SB-2,                filed October 23, 1998, Registration No. 333-66085.                                   |
| [2]              | Incorporated                by reference to Amendment No. 4, dated February 10, 1999, to the                Registrant’s Form SB-2, Registration No. 333-66085.                                        |
| [3]              | Incorporated                by reference to Registrant’s Form 10-QSB for the quarter ended September                30, 1999.                                                                          |
| [4]              | Incorporated                by reference to the Registrant’s Form 8-K dated January 14,                2000.                                                                                           |
| [5]              | Incorporated                by reference to the Registrant’s Form 8-K dated October 6,                2000.                                                                                            |
| [6]              | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2000.                                                                      |
| [7]              | Incorporated                by reference to the Registrant’s Form 8-K dated July 1,                2001.                                                                                               |
| [8]              | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
| [9]              | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2002.                                                                          |
| [10]             | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                December 31, 2002, Registration No. 333-102310.                                   |
| [11]             | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                October 23, 2001, Registration No. 333-72080.                                     |
| [12]             | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
| [13]             | Incorporated                by reference to the Registrant’s Form 8-K dated October 10,                2003.                                                                                           |
| [14]             | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
| [15]             | Incorporated                by reference to Amendment No. 1 to the Registrant’s Registration Statement                on Form S-3, filed December 4, 2003, Registration No.                333-110567. |

----

| [16] | Incorporated                by reference to the Registrant’s Form 10-KSB/A for the year ended December                31, 2003.                                                                                                                                      |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| [17] | Incorporated                by reference to the Registrant’s Form 8-K dated March 29,                2004.                                                                                                                                                           |
| [18] | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended June                30, 2004.                                                                                                                                         |
| [19] | Incorporated                by reference to the Registrant’s definitive Proxy Statement dated May 2,                2005.                                                                                                                                            |
| [20] | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2004.                                                                                                                                    |
| [21] | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2004.                                                                                                                                        |
| [22] | Incorporated                by reference to the Registrant’s Form 8-K dated March 7, 2005.                                                                                                                                                                           |
| [23] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended March 31,                2005.                                                                                                                                          |
| [24] | Incorporated                by reference to the Registrant’s Form 8-K dated July 1, 2005.                                                                                                                                                                            |
| [25] | Incorporated                by reference to the Registrant’s Form 8-K dated July 18, 2005.                                                                                                                                                                           |
| [26] | Incorporated                by reference to the Registrant’s Form 8-K dated September 16,                2005.                                                                                                                                                       |
| [27] | Incorporated                by reference to the Registrant’s Form 8-K dated September 29,                2005.                                                                                                                                                       |
| [28] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended September                30, 2005.                                                                                                                                      |
| [29] | Incorporated                by reference to the Registrant’s Form 8-K dated March 1,                2006.                                                                                                                                                            |
| [30] | Incorporated                by reference to the Registrant’s Form 8-K/A dated September 16,                2005.                                                                                                                                                     |
| [31] | Incorporated                by reference to the Registrant’s Form 8-K dated December 5,                2005.                                                                                                                                                         |
| [32] | Incorporated                by reference to the Registrant’s Form 8-K dated January 12,                2006.                                                                                                                                                         |
| [33] | Incorporated                by reference to the Registrant’s Form 8-K dated February 3,                2006.                                                                                                                                                         |
| [34] | Incorporated                by reference to the Registrant’s Form 10-K filed September 30,                2006.                                                                                                                                                      |
| [35] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended March 31,                2006.                                                                                                                                          |
| [36] | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended June 30,                2006.                                                                                                                                           |
| [37] | Incorporated                by reference to the Registrant’s Form 8-K dated October 26,                2006.                                                                                                                                                         |
| [38] | Incorporated                by reference to the Registrant’s Form 10-K filed April 27, 2007. Please                note that Exhibits 10.57(a), 10.57(b), 10.57(c) and 10.57(d) have                been                included together as Exhibit 10.57 on Edgar. |
| [39] | Incorporated                by reference to the Registrant’s Form 10-K/A, Amendment No. 2, filed May                23, 2007.                                                                                                                                        |
| [40] | Incorporated                by reference to the Registrant’s Form 10-K/A, Amendment No. 3, filed                August 10, 2007.                                                                                                                                     |

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