Actually, all of us are being tested. Yeah.

5 seconds sound clip from the Old School movie soundboard.

You can hear this line at 01:12:27 in the Blu-ray version of the movie.

Quote context

[...]

- However, we're now subject to a charter certification review given by the board of trustees.

- Damn it. Wait. Wait, what does that mean exactly?

- According to university bylaws, it's a thorough inspection of the fraternity, and our contribution to the community.

- Focus is on five categories: Academics, athletics, community service, debate, and school spirit.

- Good luck to everybody. It was nice to know you all. And I'll see you around campus.

- Actually, all of us are being tested. Yeah.

- What are you talking about? I'm not even in school.

- It's in the bylaws. Every member of the fraternity is subject to review in every category, including academics.

- Can you come here a second? I don't mind popping for breakfast yet.

- I do speakers. I don't do tests.

[...]