Here's what the NCAA is saying about PSU transfers
"If a student-athlete transfers for the fall of 2012 to a school that has reached its scholarship limits, the school may exceed these numbers for the 2012-13 academic year, provided it reduces such limits proportionately in the 2013-14 academic year. For example, if one student-athlete transfers to a Division I school already at the legislated limits of 25 initial counters and 85 overall counters for 2012-13, the school will be limited to 24 initial counters and 84 overall counters in 2013-14."