Singlet fission is the spin-allowed conversion of a photogenerated singlet exciton into two triplet excitons in organic semiconductors, which could enable single-junction photovoltaic cells to break the Shockley-Queisser limit. The conversion of singlets to free triplets is mediated by an intermediate correlated triplet pair (TT) state, but an understanding of how the formation and dissociation of these states depend on energetics and morphology is lacking. In this study, we probe the dynamics of TT states in a model endothermic fission system, TIPS-Tc nanoparticles, which show a mixture of crystalline and disordered regions. We observe the formation of different TT states, with varying yield and different rates of singlet decay, depending on the excitation energy. An emissive TT state is observed to grow in over 1 ns when excited at 480 nm, in contrast to excitation at lower energies where this emissive TT state is not observed. This suggests that the pathway for singlet fission in these nanoparticles is strongly influenced by the initial sub-100 fs relaxation of the photoexcited state away from the Franck-Condon point, with multiple possible TT states. On nanosecond time scales, the TT states are converted to free triplets, which suggests that TT states might diffuse into the disordered regions of the nanoparticles where their breakup to free triplets is favored. The free triplets then decay on μs time scales, despite the confined nature of the system. Our results provide important insights into the mechanism of endothermic singlet fission and the design of nanostructures to harness singlet fission.