This is the first time this season that the Nittany Lions moved up in the rankings.
Penn State will open its season on November 3 against Fairfield.
The award comes after two standout performances in wins against Wisconsin and Northwestern.
The Nittany Lions dropped two spots following a series split with Clarkson over the weekend.
The Nittany Lions beat Northwestern in four sets, now having 10 wins on the season.
The most notable Penn State event on Sunday afternoon ended in a draw for the Nittany Lions.