Lothar I. Iversen Fellowship Through the generous bequest of Dr. Lothar Iversen, former Educational Foundation Secretary and Grand Herald, the resident advisor program was created in 1984. The Fellowship Program was designed to develop a new or assist an existing chapter of Sigma Pi. Fellowship funds are restricted to tuition, books, room and board. The award provides limited funds for an individual to attend graduate school to provide onsite assistance to a chapter who needs advisory help or to a colony getting started.