In the fall of 1962, Faber College freshmen Larry Kroger and Kent Dorfman are seeking to join a fraternity. Finding themselves unwelcome at the exclusive Omega Theta Pi house party, the two visit the derelict Delta Tau Chi house next door. Kent believes that Delta will have to accept him as a "legacy" since his older brother was a member. They meet John ("Bluto") Blutarsky, chapter president Robert ("Hoov") Hoover, charismatic ladies' man Eric ("Otter") Stratton, motorcyclist Daniel Simpson ("D-Day") Day, Donald ("Boon") Schoenstein, and Boon's exasperated girlfriend Katy. Larry and Kent are accepted as Delta pledges and given the fraternity names "Pinto" and "Flounder," respectively. Meanwhile, Omega pledge Chip Diller is accepted into the fraternity and given a paddling as part of his initiation. The Delta house is on probation due to regular shenanigans and overall poor academic scores. Wishing to remove the unruly fraternity from Faber's campus, Dean Vernon Wormer elevates the Delt
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