When a financial aid offer (loan, work-study) has an action status of "Pending," it typically means that you have not accepted or declined the offer via your online Self-Service account. Once you have accepted or declined the aid offer, the status will be updated and reflected on your Self-Service account. Accepted loans require completion of a loan Master Promissory Note (MPN) and Entrance Counseling before the proceeds can be credited to the billing account.