With five members who graduated after 2010, this year's appointees are considerably younger than in previous years.
Parsons and Wade are the latest Nittany Lions to garner preseason hype.
"I hope to justify winning this award by working even harder to ensure people have access to basic rights such as safe water and are empowered in the long run."
This is now the third year in a row Penn State has set a record-breaking commitment total.
Several Nittany Lions received improved ratings following impressive NFL seasons.
Although Lift For Life was canceled, Penn State still managed to partner with Uplifting Athletes in the fight against rare diseases.
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