Penn State's nearly $2.3 million share of bowl revenue has been divided among the Big Ten's 12 member schools, including Penn State, to distribute for child-focused causes.
The school said in a statement Tuesday the individual share for each school amounted to more than $188,000.
The Nittany Lions finished 2012 bowl-eligible at 8-4, but were banned from the postseason as part of NCAA sanctions for the Jerry Sandusky child sex abuse scandal. The $2.3 million represents Penn State's share of conference bowl revenue had the school been allowed to play in the postseason.
The four-year bowl ban expires after the 2015 season.
Also Tuesday, three Penn State trustees who took their seats earlier this month offered support for five fellow trustees involved in a lawsuit seeking to have sanctions overturned.