Interim Penn State coach Tom Bradley has been informed he will be in charge of the program through the Nittany Lions' bowl game, a source told the Pittsburgh Post-Gazette on Wednesday.
However, school president Rod Erickson contradicted the report later Wednesday, saying he hopes to have a new coach in place by the Nittany Lions' bowl game.
Penn State (9-3) should learn its postseason destination by this weekend.
Bradley, who was elevated to interim coach when Joe Paterno was dismissed amid a child sex-abuse scandal involving former assistant Jerry Sandusky, has been told he will have a chance to interview for the job on a full-time basis, according to the Post-Gazette.
The 55-year old Bradley was the team's defensive coordinator before he was named interim coach on Nov. 9 when Paterno was dismissed.
Penn State has assembled a six-person panel to find a successor for Paterno. Sources have told ESPN's Joe Schad that Mississippi State coach Dan Mullen is at the forefront of an early list of candidates.
Boise State's Chris Petersen and TCU's Gary Patterson have also surfaced as early favorites for the position, according to the Post-Gazette.
Erickson became president after Graham Spanier departed under pressure following the scandal. Erickson told reporters after a school town hall meeting that the criteria for selecting a new coach was "wide open," but that he hasn't yet met with the search committee.
Information from The Associated Press contributed to this report.