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.
A newly proposed transaction have been approved for the central Pennsylvania radio and television station to be transferred to WHYY.
"Our next coach will be someone who embodies everything Penn State stands for."
The Nittany Lions dropped two spots following a series split with Clarkson over the weekend.
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