Collins spent just one year with Mississippi State before transferring and didn't register an appearance during that time.
With only 110 days left before the Nittany Lions' season opener against West Virginia, Penn State announced themes for all seven of its home games on Monday.
This will mark Iowa's second White Out appearance in Beaver Stadium and its first since 2009. The game will kickoff at 8 p.m. and be broadcast on CBS.
The trophy honors accomplishments by collegiate defenders on and off the field.
Scruggs was with the Nittany Lions for six years and started in his final two seasons.
Penn State holds a 48-9-2 all-time record against West Virginia, and September's matchup marks the first time the teams have faced off since 1992.