The Kappa Epsilon Fraternity was founded in 1968 by a group of 12 students from the College of Engineering of the University of the Philippines (UP) in Diliman, Quezon City. It was a dream of these individuals to give fellow UP students an option to join a non-traditional fraternity. They used the Greek letters Kappa and Epsilon since the ideal that the fraternity aspired for was Knowledge, Equality and Enlightenment.
From a few members, the Kappa Epsilon Fraternity grew to have a significant presence in the University of the Philippines, active in major changes that where happening in the Academe. The student leaders looked up to the fraternity for leadership and guidance. The Kappa Epsilon Fraternity became co-founders of the famed League of Filipino Students, SAMASA and many other student organizations.