Amy (Jennifer Morrison), Travis (Matthew Davis) and Graham (Joseph Lawrence) are student filmmakers who would love to make it big in Hollywood. But first they've got to survive their last semester at Alpine University, a renowned film school where the competition is "killer." One senior student will be awarded the prestigious Hitchcock Award for best thesis film, virtually guaranteeing the winner a career in Hollywood. Taking a break from documentaries, Amy decides her thesis will be a fictional, psychological thriller about those contemporary tall tales known as urban legends. But when Amy's film crew starts falling prey to fatal "accidents" and all the dots start to connect back to her, she realizes she must unmask the killer before she, too, becomes an urban legend.