The viral cookie shop will open its doors at 19 Colonnade Way.
The terms of the contract have not been released.
"That broken ear is a permanent reminder of the dark side of Penn State University, the lives lost, and a warning. A warning that the deaths will continue unless massive change is enacted."
USC and UCLA will become the Big Ten's 15th and 16th teams beginning in 2024.
The Squirrel and Acorn Bookshop will replace The Animal Kingdom later this summer.
All full-time Penn State faculty members will be eligible for at least six weeks of paid parental leave beginning July 1.