Penn State and the State College Borough Council both signed on to the "We Are Still In" letter, which to date has been signed by more than 900 businesses, 180 universities, 125 city and county leaders, nine governors, and 19 attorneys general.
Al Pacino will star as Joe Paterno in director Barry Levinson's HBO film about the Jerry Sandusky sex abuse scandal.
Ira Lubert, a 1973 Penn State graduate and chair of the university’s Board of Trustees, committed the $5 million gift that was announced on Monday morning.
The former Penn State president is scheduled to be sentenced on Friday morning along with former administrators Tim Curley and Gary Schultz.
Honorary Alumni receive a lifetime membership in the Alumni Association and a commemorative award, which will be presented on June 2.
Current UPAC Chairman Mike Hoeschele will be appointed the next student-selected trustee, pending approval of the Board of Trustees Friday afternoon.