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\PSU will have to distribute non athletic grants in aid under the same provisions that it does for anyone at the school. This will be HEAVILY scrutinized. And they are now under 5 years of probation. They aren't going to do anything that is marginally questionable.
This a part of the more "subtle" ramifications of the sanctions that are being underestimated by those who feel this is little more than a slap on the wrist. The school is being mandated to change the "culture" surrounding the football program and will be, as Go suggested, heavily monitored for 5 years by the NCAA.
The fact that PSU signed off on all sanctions suggests to me that the current administration is serious about regaining some sense of integrity; to lead now by example.
Football will never be quite the same at Penn St.