Green’s Dictionary of Slang

muffy n.2

[proper name Muffy, the stereotypical name of such young women]

(US campus) a young woman who has the look of a typical sorority member, with bleached blonde hair, an alice band, heavy make-up and conventional clothes.

[US]Eble Campus Sl. Fall 5: muffy – derisive term for a member of a sorority.
[US] P. Munro Sl. U.