The Owls success against the Nittany Lions continued Thursday afternoon.
It also ended Temple's 10-year tourney win drought. The win was the Owls first since a decade ago when they beat none other than Penn State.
Fernandez, double-teamed as time was running out, got off a shot off his right foot while fading to his left just inside the 3-point line.
This was a classic March matchup. Neither team had led by more than four points and there were 10 lead changes in an intense second half. Talor Battle's 3-pointer from far behind the arc for Penn State tied it at 64-64 with 12.2 seconds to go.
Fernandez and Ramone Moore scored 23 points each for the seventh-seeded Owls (26-7). Battle scored 23 for the 10th-seeded Nittany Lions (19-15) in their first NCAA tournament appearance in a decade.
Temple will face No. 2 San Diego State on Saturday.
In partnership with NBC Sports Philadelphia
Fan, follow and download: Get the latest from NBCPhiladelphia.com anytime, anywhere. Follow us on Twitter, Facebook and NBC Philadelphia. Sign up for our sports newsletter. And, get breaking news delivered right to your mobile phone -- just text PHIBREAKING to 639710 to sign up. (Message and data rates may apply.)