Lori Loughlin and Mossimo Giannulli Sell Bel-Air Mansion amid College Admissions Scandal: Source

Under the terms of the deal, which is still pending the judge’s approval, the mother of two agreed to serve two months in prison (though the coronavirus pandemic could affect that time), pay a $150,000 fine and do 100 hours of community service, while Giannulli agreed to serve five months, pay $250,000 and do 250 hours of community service.

Both Loughlin and Giannulli could also spend two years on supervised release. Their sentencing has been scheduled for Aug. 21.

"They are spending the summer in Los Angeles with Olivia and Bella. They are still stressed about the sentencing and can’t wait for it to be over," an insider previously told PEOPLE.

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