The day after a homecoming basketball game and the victory party, an all-night scavenger hunt is held on the campus of a small Ohio college. Against the backdrop of campus shenanigans the school mascot is murdered and his bear costume taken by a psychotic killer. Stalking several cheerleaders and killing them in creative ways, the killer's identity stays hidden by the playful costume. The campus security officer Mac (Hal Holbrook) whose daughter was a victim of a similar killer, tries to find out who's behind it before more killings occur.
An innocent sorority house scavenger hunt is transformed into a living nightmare when a deranged killer begins to methodically dispose of the young ladies. Holbrook is the ex-policeman who doggedly tracks down the killer.