<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0304</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-08-09</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000721237</issuerCik>
        <issuerName>NOBEL LEARNING COMMUNITIES INC</issuerName>
        <issuerTradingSymbol>NLCI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001358289</rptOwnerCik>
            <rptOwnerName>Blesbok LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1250 FOURTH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Footnotes (1)-(4)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001271126</rptOwnerCik>
            <rptOwnerName>ET HOLDINGS LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1250 FOURTH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>X(1)-(4)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001275753</rptOwnerCik>
            <rptOwnerName>HAMPSTEAD ASSOCIATES LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1250 FOURTH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>X(1)-(4)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001275754</rptOwnerCik>
            <rptOwnerName>Knowledge Universe LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1250 FOURTH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>X(1)-(4)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001446486</rptOwnerCik>
            <rptOwnerName>KNOWLEDGE UNIVERSE EDUCATION LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1250 FOURTH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>X(1)-(4)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001045218</rptOwnerCik>
            <rptOwnerName>MILKEN MICHAEL R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1250 FOURTH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>X(1)-(4)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001261505</rptOwnerCik>
            <rptOwnerName>MILKEN LOWELL J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1250 FOURTH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>X(1)-(4)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2011-08-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>U</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3857171</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>11.75</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Series D Convertible Preferred Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2011-08-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>U</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1063830</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.88</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Michael R. Milken, Lowell J. Milken and ET Holdings, L.L.C. (&quot;ET Holdings&quot;) are the managers of Blesbok LLC (&quot;Blesbok&quot;), and in such capacity may be deemed to beneficially own any equity securities of the Issuer that are, or may be deemed to be, beneficially owned by Blesbok, but each disclaims such beneficial ownership except to the extent of his or its pecuniary interest therein.</footnote>
        <footnote id="F2">Hampstead Associates, L.L.C. (&quot;Hampstead&quot;) is the sole manager and sole member of ET Holdings, and in such capacities may be deemed to beneficially own any equity securities of the Issuer that are, or may be deemed to be, beneficially owned by ET Holdings, but disclaims such beneficial ownership except to the extent of its pecuniary interest therein.  Knowledge Universe LLC (&quot;Knowledge Universe&quot;) is the sole manager and sole member of Hampstead, and in such capacities may be deemed to beneficially own any equity securities of the Issuer that are, or may be deemed to be, beneficially owned by Hampstead, but disclaims such beneficial ownership except to the extent of its pecuniary interest therein.</footnote>
        <footnote id="F3">Michael R. Milken and Lowell J. Milken are the managers of Knowledge Universe and in such capacities may be deemed to beneficially own any equity securities of the Issuer that are, or may be deemed to be, beneficially owned by Knowledge Universe, but each disclaims such beneficial ownership except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F4">Knowledge Universe Education LLC (&quot;KUE&quot;), formerly known as Knowledge Learning Corporation, is a Reporting Person on a Schedule 13D with Blesbok LLC and other Reporting Persons. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, or otherwise, KUE is the beneficial owner of any equity securities of the Issuer, including any such equity securities that are beneficially owned, directly or indirectly, by any other person.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Stanley E. Maron, By:  Stanley E. Maron, Secretary of BLESBOK LLC</signatureName>
        <signatureDate>2011-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Stanley E. Maron, By:  Stanley E. Maron, Secretary of ET HOLDINGS, L.L.C.</signatureName>
        <signatureDate>2011-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Stanley E. Maron, By:  Stanley E. Maron, Secretary of HAMPSTEAD ASSOCIATES, L.L.C</signatureName>
        <signatureDate>2011-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Stanley E. Maron, By:  Stanley E. Maron, Secretary of KNOWLEDGE UNIVERSE LLC</signatureName>
        <signatureDate>2011-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/  David S. Kyman, By:  David S. Kyman, Assistant Corporate Secretary of KNOWLEDGE UNIVERSE EDUCATION LLC</signatureName>
        <signatureDate>2011-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/  Michael R. Milken, By: MICHAEL R. MILKEN</signatureName>
        <signatureDate>2011-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Lowell J. Milken, By: LOWELL J. MILKEN</signatureName>
        <signatureDate>2011-08-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
