The fraternity was put on interim suspension on August 25 while hazing allegations were investigated and has since been suspended until fall 2027 for its violations.
“As a community, we bear a responsibility to make sure that things like this do not happen and that all members of our community are welcomed."
Penn State placed in the top 6% globally among 1,900 universities.
The student allegedly broke into a home on Metz Avenue around 1:30 a.m. on September 22 and attacked residents.
The 4.09% beer will be available statewide beginning in early October.
Mulaney is best known for his work with "Saturday Night Live" and Netflix comedy specials "The Comeback Kid" and "New in Town."