Penn State has also suspended the chapter on an interim basis for the duration of an investigation into possible policy violations.
The Nittany Lions came in at No. X in the second-to-last College Football Playoff ranking of the year.
Penn State will honor eight alumni with the 2018 Distinguished Alumni Award.
Head coach Guy Gadowsky said sophomore winger Denis Smirnov, who's missed the past three series with illness, will return to the lineup this weekend against No. 11 Ohio State.
This isn't the first head coaching opening interested in Moorhead, and it certainly won't be the last. Moorhead told Sports Illustrated in September he's "not in a hurry" to accept a head coach position.
Here's what happened in Penn State news while you were stuffing your face with turkey and potatoes in all forms.