At the New York City High School for the Performing Arts, students get specialized training that often leads to success as actors, singers, etc. This movie follows eight students from the time when they audition to get into the school, through graduation. Among these are the brazen Coco Hernandez, shy Doris Finsecker, sensitive gay Montgomery MacNeil, and brash, abrasive Ralph Garcy.

An updated version of the 1980 musical, which centered on the students of the New York Academy of Performing Arts.