Trump will appear three days before the end of the presidential election.
McCormick is challenging incumbent Democrat Bob Casey for the highly contested Pennsylvania Senate seat.
The settlement aimed to resolve allegations that Penn State failed to incorporate cybersecurity controls that were contractually mandated by the DOD and NASA.
The group will meet in at 2 p.m. Saturday in downtown State College and march to the Bryce Jordan Center at 2:30 p.m.
The stop will be Trump's first at Penn State across his three campaigns.
Four speakers campaigned for Donald Trump in front of a crowd of around 75.