| Year: | 1940 |
| Team: | Penn State Nittany Lions |
| Sport: | football |
| Conference: | Independent |
| Record: | 6–1–1 |
| Head Coach: | Bob Higgins |
| Hc Year: | 11th |
| Captain: | Leon Gajecki |
| Stadium: | New Beaver Field |
The 1940 Penn State Nittany Lions football team represented the Pennsylvania State College in the 1940 college football season. The team was coached by Bob Higgins.
Penn State was ranked at No. 52 (out of 697 college football teams) in the final rankings under the Litkenhous Difference by Score system for 1940.[1]
The team played its home games in New Beaver Field in State College, Pennsylvania.