Full House actress Lori Loughlin and her husband, fashion designer, Mossimo Giannulli, have agreed to plead guilty to conspiracy charges in connection to their role in the college admissions scandal, per the US Attorney's Office in the District of Massachusettes.

55-year-0ld Loughlin and 56-year-old Giannulli stand accused of paying $500,000 to get their two daughters, Olivia Jade and Isabella Rose, accepted as recruits to the University of Southern California's (USC) crew team - despite the fact that they did not participate in crew — thereby facilitating their admission to USC.

Loughlin and Giannulli have pleaded not guilty for over a year and moved to dismiss charges as recently as two weeks ago, per CNN.

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Now, as part of their plea deal, Loughlin will be sentenced to two months in prison and Giannulli will be sentenced to five months in prison. This is subject to the court's approval, according to authorities.

Loughlin also faces a $15,000 fine, two years of supervised release, and 100 hours of community service. While Giannulli faces a $250,000 fine, two years of supervised release and 250 hours of community service.

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The actress will plead guilty to conspiracy to commit wire and mail fraud, and her husband to conspiracy to commit wire and mail fraud and honest services wire and mail fraud.

Watch a news report on the college admissions scandal below:

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They are scheduled to plead guilty on Friday at 11:30 AM, prosecutors have said.

Loughlin and Giannulli are not the only celebrities to be embroiled in the scandal - which has been dubbed Operation Varsity Blues, after the James Van Der Beek football film of the same name. Desperate Housewives actress, Felicity Huffman, pleaded guilty to one count of conspiracy to commit mail fraud and honest-services mail fraud for paying Rick Singer, the scam's mastermind, to change the test scores on her child's college entrance exam.

Huffman served 11 days in a California federal prison, was fined $30,000, and ordered to complete 250 hours of community service for her involvement.

Lori Loughlin and Mossimo Giannulli plead guilty in college admissions scam