Theme Song (also known as "Teenage Fairytale Dropouts") is the name of the theme song that occurs in every opening of the series.
- Chorus: Teenage... Fairytale... Dropouts!
- Once upon a time, there was a place
- Fairytales called "Fairytale Estates"
- Everything was going fine until we realised...
- Jeremiah's not so giant, Fury hasn't got a wing, Trafalgar - he just keeps on trying, but his spells don't help a thing
- We know that things will turn out, but sometimes we feel like:
- Teenage Fairytale Dropouts
- Students and Mr. Rumpelstiltskin: (with chorus) Teenage...
- Courtney, Knight: (with chorus) ...Fairytale...
- Ogre: (with chorus) ...Dropouts!
- Sisters Grimm (with chorus) Teenage...
- Pinocchio Junior and Gepetto Junior: (with chorus) ...Fairytale...
- Students: Dropouts!
- Female Voice: (speaking) Come on!
- Chorus: Whoa...
- (repeat of third verse)
- The first version of the song did not have characters speaking nor following the tune of the chorus. However, the second version of the song had additional dialogue and characters following the chorus' tune.