Nominations for the alumni seats will open on Tuesday, January 21.
State College citizens and leaders marched through downtown and campus.
Centre County District Attorney Bernie Cantorna said his office will still prosecute the man for the Penn State assault.
Penn State is one of several higher education institutions required to offer in-state tuition rates for families of veterans across all branch campuses.
Alumni can cast their candidate nomination as early as 9 a.m. on January 21.
Nanes wants to run it back as the mayor of "America's greatest college town."