Lori Loughlin, Isabella Giannulli, Olivia Jade Giannulli

Paul Archuleta/FilmMagic

Lori Loughlin and her family are reeling in the wake of the college admission scandal.

The Full House star's alleged involvement in the bribing college officials has resulted in a fallout that has the famous family in a state of shock. Big name brands have cut ties with Loughlin and her daughter, Olivia Jade, Loughlin's numerous roles in various shows hang in the balance and people they once viewed as friends are now reportedly distancing themselves.

Moreover, it appears that the alleged actions they took to secure their daughters' bright futures were for naught. Multiple outlets report that Olivia Jade, 19, and Bella Rose Giannulli, 20, will likely not return to the school when classes resume. 

In a statement, USC Interim President Wanda M. Austin details the school's plan to carry out "a case-by-case review of current students and graduates who may be connected to the alleged scheme."

"We will make informed decisions about those cases as the reviews are completed," the President explains. "USC's Office of Professionalism and Ethics, Student Affairs, and Admissions and Enrollment are conferring on this process to ensure the university follows the appropriate course."

It is unclear how this investigation will affect the two girls' status at the prestigious university. 

Meanwhile, a source tells E! News that Lori, Olivia, Bella and Mossimo Giannulli are living in what "feels like a terrible nightmare."

"They can't come out and face the world," the source shares. "They are in seclusion and alone with the exception of their lawyers." Lori has also deleted her social media accounts on Instagram and Twitter. 

At the moment, Lori is facing charges for conspiracy to commit mail fraud and honest services mail fraud. If convicted, she could face up to five years in prison. She and Mossimo are currently out of jail on $1,000,000 bond and expected to appear in a Boston Federal court on March 29.

Regardless of whether or not there is a conviction, the source says the entire family knows "their lives will never be the same." 

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