EXHIBIT 99.4

Press Release                         Source: EVCI Career Colleges Holding Corp.


Dr. John J. McGrath, CEO

Joseph J. Looney, CFO                       Jeffrey Goldberger/Marybeth Csaby
EVCI Career Colleges Holding Corp.          KCSA Worldwide
914.623.0700 or 914-787-3500                212.896.1249/212.896.1236
or 914-509-2700                             jgoldberger@kcsa.com/mcsaby@kcsa.com

                  EVCI CAREER COLLEGES RECEIVES DRAFT REPORT OF
                    COMPLIANCE REVIEW OF INTERBORO INSTITUTE

Yonkers,  NY,  October 19, 2005 - EVCI Career  Colleges  Holding Corp.  (NASDAQ:
EVCI) today announced that it received a draft report of a compliance  review of
Interboro Institute undertaken by the New York State Education Department.

The purpose of the review is to assess Interboro Institute's compliance with the
laws, rules and regulations governing  degree-granting  institutions in New York
State as the result of Interboro's application to the Department for approval of
its Yonkers site as an extension center and its rapid growth in enrollment.




The draft report includes proposed findings,  recommendations and determinations
related to increasing  admissions  and improving  academic  standards and taking
other measures to improve  persistence and graduation rates. The recommendations
include increasing the number and percent of full-time faculty, having contracts
with  full-time  faculty,  improving  Interboro's  libraries,   improving  other
facilities  and  equipment  resources and assessing and improving the quality of
student  learning.  One of the  proposed  determinations  was to deny  extension
center status for Yonkers. Accordingly,  Interboro may not be able to enroll new
students at its Yonkers  site unless and until the  Department  decides to grant
this site extension center status.

The draft report also  includes  assertions  of  irregularities  in  Interboro's
admissions  practices.  In  response,  the Audit  Committee  of EVCI's  Board of
Directors has engaged  independent  experts to conduct an  investigation  of the
admission  practices at Interboro.  EVCI will not release enrollment numbers for
Interboro's  fall  2005  semester  until  the  impact  of  the  results  of  the
investigation can be assessed.

Dr. John J. McGrath, EVCI's CEO and President,  commented: "Interboro is working
diligently on its responses to the  Department,  which are due November 7, 2005.
Interboro's  assessment thus far leads it to believe that it will accept many of
the  recommendations  for  change  made  by the  Department  because  they  will
strengthen  Interboro  and,  accordingly,  will  be in  the  best  interests  of
Interboro's  students.  Some  of the  changes  will  slow  Interboro's  rate  of
enrollment  growth and have an adverse impact on its margins.  However,  it will
take time before we can  properly  assess the  magnitude  of the effect of these
changes."



Dr.  McGrath  commented  further:  "Our  mission  and  integrity  are  extremely
important to EVCI's and Interboro's  management.  Interboro is fully cooperating
with the Department and taking  whatever steps are necessary and  appropriate to
address all of the draft findings, determinations and recommendations. We do not
know when the Department will issue its final report."

About EVCI Career Colleges Holding Corp.:

EVCI  is  the  holding  company  for  Interboro   Institute,   Technical  Career
Institutes, Inc. (TCI) and the Pennsylvania School of Business (PSB).

Acquired  in January  2000,  Interboro  offers  degree  programs  leading to the
Associate in  Occupational  Studies  degree and  Associate  in Applied  Sciences
degree.  It has a main campus in mid-town  Manhattan and an extension  center in
each of Flushing,  New York and in the Washington  Heights section of Manhattan,
New York. Interboro also has a college site in Yonkers, New York.

Acquired in September 2005, TCI offers two-year associate degree and certificate
programs. With an emphasis on technology, TCI offers programs within three major
divisions:   Business  and  New  Media  Technology;   Computer  and  Electronics
Technology;  Climate  Control  Technology.  Its main  campus  is on 31st  street
diagonally  across  from  Penn  Station,  and is  supported  by a  nearby  annex
facility.  TCI is  accredited  by the New York State  Board of  Regents  and was
recently  awarded  regional  accreditation  by the Middle  States  Commission on
Higher Education.



Acquired  in  January  2005,  PSB  is  authorized  to  offer  two  Associate  in
Specialized  Business  degree  programs and two diploma  programs in information
technology as well as three recently authorized  business diploma programs.  PSB
recently relocated to downtown Allentown,  Pennsylvania and is offering programs
there.