The suspension stems from a report made in March to the Office of Student Conduct about new member hazing.
Chavis joins Saquon Barkley and Grant Haley with the Giants, becoming the 14th Nittany Lion to find an NFL home since the start of the NFL Draft.
Penn State dropped both in a Saturday doubleheader to Illinois, but found a way to snap its 11-game losing streak in an extra-innings battle against the Illini on Sunday.
James Franklin singled out cornerback Zech McPhearson for his shutdown performance in the team's Blue-White game.
The disease is classified as rare, but it often goes undiagnosed because its symptoms, including chest pains and shortness of breath, are similar to those of other common diseases.
"Too many college kids are graduating with these loans, and it will affect their adult life and long-term until they can pay them off."