Federal direct subsidized and unsubsidized loans and federal work-study will remain in a Pending status until the student accepts or declines the aid through the My Financial Aid tab in financial aid self-service. Once accepted or declined, the status will be updated accordingly. Accepted direct loans also require completion of a Master Promissory Note (MPN) and Entrance Counseling before the proceeds can be credited to your student account. You can view the status of these requirements on your Checklist in financial aid self-service.