In a shallow bowl, mix eggs, milk, vanilla, and cinnamon.
On half of the bread slices, spread a generous amount of cream cheese. On the other half of the bread slices spread jelly. Place slices together "sandwich style."
Coat skillet with non stick cooking spray. Dip stuffed french toast in egg mixture, thoroughly coating both sides and letting excess drip off. Place in skillet and cook each side about 2 minutes on medium heat.