First Night State College is coming back this year to ring in 2022 after being canceled last year due to the pandemic.
Penn State's 106,799 fans per game ranked behind only Michigan's 108,763 during the 2021 football season.
Blum is one of 15 professors participating in the tournament and competing for a $100,000 grand prize.
The Outback Bowl matchup will mark Penn State's first game against Arkansas in program history.
The former Nittany Lions play caller heads to northeast Ohio after spending two seasons as Oregon's offensive coordinator.
The policy's continuation comes as experts predict COVID-19 cases will rise in the winter months, Penn State said.