There's some misinformation in this thread. The PSWC does not do tickets, the NCAA allotment is managed completely by the Athletic Department Ticket Office. NYC was an exception, in that the Wrestling Club was able to get suites, and managed pass through money between fans and MSG, the number of tickets being above and beyond what the NCAA gave Penn State.
The ticket allotment is set by the NCAA, and PSU has requested more than they have received for several years now, though they (the ticket office and administrators) do work with the NCAA and other schools when there is a shortfall...which, to be honest, hasn't happened often.
The criteria for receiving tickets, and seating, is on the application. It could change at any time, but has been consistent for years now. It consists of;
Season Ticket holder first, in NLC Point order.
Non-Season Ticket holders in NLC Point order, though ONLY Season Ticket Holders and PSWC Members (as of 8/1) get applications in the mail.
Due date for applications was moved from June 30 to September 30 for the first time, for St. Louis tickets.