The 2015–16 Penn State Nittany Lions basketball team represented Pennsylvania State University in the 2015–16 NCAA Division I men's basketball season. Head coach Pat Chambers coached his fifth season with the team. They played its home games in University Park, Pennsylvania at the Bryce Jordan Center, with two games at Rec Hall, and were members of the Big Ten Conference. They finished the season 16–16, 7–11 in Big Ten play to finish in tenth place. They lost to Ohio State in the second round of the Big Ten tournament.