For Penn State, the end of cycle means holding onto its 14th ranked 2017 class and possibly flipping a couple players. At the very least, Penn State doesn't want to be in a predicament it was trapped in last year, losing a couple of huge commits in the waning hours with nobody left to replace them.
The best scenario has Penn State landing Tariq Castro-Fields, a four star cornerback from Maryland, possibly flipping Joshua Paschal from Kentucky, and holding onto the remainder of their commits. Don't be shocked if Mac Hippenhammer flips, and Penn State has to try and fill his spot with someone else, maybe Mark Webb, who is currently committed Georgia.
One thing the Penn State coaching staff won't do is pull a scholarship from a recruit who is currently committed. Coach Gattis reiterated this to me last fall saying the Penn State coaching staff honors any current commitments, even if a higher ranked player at the same position wants to commit. This prevents the Nittany Lions from flipping certain players if they are crowded at a certain position. In special cases, like the cornerback position, Penn State would still take Fields even with immense depth already on the roster because he is such a special player.
Another important aspect of recruiting is the overall scholarship limit. Each recruiting class is allowed 25 scholarships, but each team cannot have more than 85 players on scholarship at a time. Penn State would be at 88 scholarships if every player in the 2017 class stays committed and nobody currently in the program transfers or is cut. Therefore, in order for Penn State to accept anymore commits, they will have to shed at least four current players. It's safe to say we will see a couple more Nittany Lions transfer or be dismissed.
You can see how quickly the weeks heading up to National Signing Day becomes absolute mayhem. It will be up Head coach James Franklin and his staff to manage the scholarships accordingly in order to finish the 2017 cycle with a top 15 class.