The Alpha Sigma Chapter of Kappa Alpha Psi Fraternity Incorporated was founded on February 22, 1935, on the campus of Southern University and A&M College. This chapter was chartered by nine young distinguished gentlemen.

The Kappas Initiated Into Alpha Sigma fund is an endowment that awards undergraduate and graduate scholarships annually. Awards will be made on a competitive basis for the Fall and Spring academic semesters. In partnership with the Southern University System Foundation, this Scholarship program will provide sizable financial support for high achieving SU students.