Brenda decides to stay in London for the entire year. Valerie Malone, the daughter of the Walshes good friends, comes to live with them. Her father has just committed suicide. Steve reveals that Celeste dumped him during their Hawaiian vacation when she ran into her high school boyfriend. He settles on Kelly as his true love and is shocked to learn that she is with Brandon. Steve gets over his broken heart by spending time with Valerie.

Brandon and Kelly continue to hide their relationship from Dylan, but the truth is always bound to come out somehow. Meanwhile, Donna plans to take the semester off to participate in a debutante ball, but reconsiders her decision when she realizes how racist the affair really is.

Brandon’s decision to run for student government proves to be fatal for one California University sophomore. Meanwhile, Valerie digs her claws into Dylan who is shocked to find she’s the newest member of Casa Walsh.

Brandon wins the election, but Josh’s death hangs heavy on him. Alex tells Brandon he’s contesting the election, using Josh’s death as leverage to unseat Brandon. Meanwhile, Donna finally meets a man that makes her forget David.

Dylan confesses to Val that his money was stolen. While making a video wth Clare, Donna meets Ray Pruitt, a construction worker with musical aspirations. She invites him to the Peach Pit and dances with him, much to Griffin's chagrin. The Walshes babysit Hannah so that Andrea can attend the rave. She tries to surprise Jesse at work, and finds him flirting with female bar patrons.

The President of Selanesia visits California University to receive cancer treatment, but his presence sets off a fierce debate among the student body when it is revealed that he ordered the torture and execution of thousands of his own people. Meanwhile, the KEG boys and Alpha girls plot to steal the mascot of a rival school before the upcoming Homecoming game.

When the fire marshal shuts down the After Dark for violating capacity, Steve suggests purchasing the space next door. Unfortunately, Dylan is broke and the only one who knows it is Valerie. Meanwhile, David and Clare find themselves in a binding situation, and Donna continues to juggle dating both Griffin and Ray.

Dylan’s desperation becomes obvious to all when he takes out his gun and shoots up his living room. To make matters worse, a pool hall aquaintance introduces him to drugs. Meanwhile, Andrea gets upset when Jesse’s aunt presents baby Hannah with a crucifix.

Dylan’s closest friends stage an intervention at Casa Walsh, where they beg him to enter rehab. Meanwhile, Kelly’s modeling career takes an upward turn when she is is offered the chance millions of girls only dream about: the opportunity to appear on the cover of a national fashion magazine.

As Dylan lies in a coma fighting for his life, he experiences a number of bizarre dreams involving Erica, his drug dealer, and his dead father. Meanwhile, Steve is annoyed when his father insinuates himself into a KEG house flag-football game.

The campus erupts in controversy when an accused anti-Semite is asked to give a speaking engagement at the school. Brandon finds himself caught in the middle of the chaos when his political choices come into direct conflict with his personal ethics. Meanwhile, Donna plans a birthday surprise for Ray.

Brandon is forced to defend his presidency when his former opponent, Alex, calls for a hearing to determine the validity of his position. Meanwhile, the entire gang goes to a Rolling Stones concert, and Dylan takes one step forward in his rehabilitation.

Emily Valentine returns to Beverly Hills hoping to reunite with Brandon, and even his devotion to Kelly can’t dampen the sparks that still burn between them. Meanwhile, an illegal rave at an abandoned house leads to a fiery conflagration that could destroy more than one life at California University.

The courts decide on a punishment for Steve, whose illegal rave resulted in the fire that almost took two lives. And speaking of the fire... Kelly escaped with her life, but her injuries may have permanently scarred her face. Meanwhile, Dylan returns home from rehab to find a disturbing letter from Erica...

After reading Erica’s plea for help, Dylan leaps into action and hires a private investigator to help him track down her kidnappers. Meanwhile, Felice interferes in Donna and Ray’s relationship, and Kelly worries that her scars will disgust Brandon.

While working off his community service Steve meets a victim of Alzheimer’s Disease, whose life story inspires Steve to make the most of his own. Meanwhile, Ray is offered the chance to perform on stage.

A motorcycle road trip inadvertantly leads Brandon and Dylan to an ancient Native American ceremony where the two friends learn valuable lessons. Meanwhile, Valerie becomes interested in Ray.

Dylan and Valerie fly to Mexico, where they hope to rescue Erica and reclaim Dylan’s inheritance. Meanwhile, Kelly becomes more deeply involved with Professor Finley’s organization, leading to a rift in her relationship with Brandon.

Kelly distances herself from everyone that matters to her as Finley’s hold on her grows stronger. Meanwhile, home-wrecking Ariel sashay’s back into Donna’s life when she offers Ray a record deal.

Brandon and Kelly’s relationship troubles come to a head at Finley’s new headquarters, and a heartbroken Brandon turns to an unlikely source for help. Meanwhile, when Donna refuses to sleep with Ray, his pent-up frustration inadvertantly leads him to Valerie’s hotel room.

Brandon seeks Dylan’s help with both taking down Professor Finley’s cult-like organization and reuniting with his girlfriend, but when it comes to Kelly all bets are off. Also, Ray tries to cut ties with Valerie.

As the new owner of the After Dark, Valerie uses her newfound leverage to force Ray to continue their affair. But Ray has never been one to follow orders... Meanwhile, a campus rape causes mass panic on campus.

Lenny is released, as he has an alibi and the victim (an acquaintance) clears him. He confesses to David that he served time for sexual assault; he...

As a class project, David and Clare plan to film a documentary about an eclectic group of roommates. When the subjects back out, David and Clare...

Brandon, Clare, and Andrea vie for a spot on College Jeopardy! but only one can win. Meanwhile, Jesse moves out of his and Andrea’s apartment.

Ray is unhappy that David has come to Portland. David panics when he discovers that his mother was fired, no longer lives at her last known address,...

Steve and David organize a hip-hop night at the club to boost the sagging gate receipts. David asks Willie’s nephew Juwan, a talented DJ, to join him onstage. Steve backs out of the event because he is nervous about Juwan’s criminal record (as if he should be one to pass judgment). Valerie tries to dodge a grimy Australian metal band that claims to have been booked. Although his tour is ending, Ray is unsure about returning to Los Angeles. Valerie goes to Reno to re-hire him, and claims to have changed her ways. While Val is gone, the Aussies crash the hip-hop night and trash the After Dark. Juwan and his friends are prepared to fight them, but decide to keep their cool. David and Clare get back together. Dylan allows Molly to hypnotize him and regresses to a past life as a hobo. Chancellor Arnold asks Brandon to keep an eye on a bratty 12-year-old genius who may apply to C.U.

Kelly becomes depressed after making the cover of Seventeen, as she fears that she will never regain her past looks. Steve and Jackie try to convince her to continue her modeling career. Kelly has a chance meeting with Allison’s girlfriend Dana, who gives her the brush-off. Kelly tries to visit Allison at the burn center, but she refuses to see her. Kelly talks to Dana’s new girlfriend, who reveals that Allison dumped Dana because she is in love with Kelly. Allison calls Kelly and asks to see her after she is released from the hospital. Ray returns to town, and LuAnn gets drunk before his first performance. David and Clare take her home, and she babbles about Ray’s affair with Valerie. David and Clare confront them, but decide not to tell Donna. Charley grows tired of seeing Dylan moon over Kelly; he encourages him to make a move. Jesse is offered a clerkship in Boise. Andrea offers her support, although she is less than thrilled by the move. Jesse turns down the offer because he doesn’t want to force Andrea to give up her dreams of medical school.

While under hyponsis, Dylan recalls a past life as a gunslinger in the Wild West. He recognizes Kelly as the woman who convinced him to change his ways and become a family man. He later helped rescue a past love from hanging and was gunned down by the son of one of his victims. Dylan concludes that Kelly is his soulmate. He shows up on her doorstep when she returns from a trip to New York, and they share a passionate kiss. Brandon seeks re-election and is virtually unopposed. When the board of education mandates a tuition hike, Brandon is criticized for failing to look out for the students’ interests. Alex Diaz runs for president as a write-in candidate and wins easily. Valerie concludes that Brandon is her perfect guy. Jim fears that his job is in jeopardy when his bosses hold meetings behind his back. Jesse is offered a teaching job at the Yale School of Law, but will only accept if Andrea’s scholarship is reinstated. The school agrees wholeheartedly.

Dylan asks Kelly to join him on a trip around the world. Valerie sees the tickets in Kelly's room and tells Brandon. Brandon counters with a marriage...

Jim and Cindy leave for Hong Kong. Kelly wants to continue her relationship with Brandon, but he cannot get over the rejected marriage proposal. Steve and Donna head to Palm Springs for an Alpha-KEG convention. A contrite Ray agrees to accompany Donna, who is making a speech at the event. He quickly becomes angry and possessive. Rush tries to set up Steve with a business associate’s daughter. Steve is more interested in the Cadillac-driving "goddess" he keeps encountering. Brandon and Valerie decide to head to Palm Springs to avoid the caravan of potential buyers who have overrun the house. Brandon goes on a drinking binge and finds himself tempted by Valerie. He has a hallucination in which his parents appear and express their disappointment. Kelly postpones her trip to the convention to spend the day with Allison, but is very secretive. David and Clare see them together and get the wrong idea. Allison admits her love for Kelly, who is not interested. Dylan’s plans to visit his mother and sister are nixed when Charley finds an investor for the movie. Dylan is wary after learning that the man is a mobster.

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