Lori Loughlin Speaks Out after Receiving 2-Month Prison Sentence: 'I Made an Awful Decision'

In addition to her jail time, she will serve 2 years of probation, pay a $150,000 fine and complete 150 hours of community service.

As she addressed the court, Loughlin acknowledged that her already-privileged children received additional help that was not available to other applicants.

"More broadly and more importantly, I now understand that my decision helped exacerbate existing inequalities in society, generally, and the higher education system, more specifically," she said.

"That realization weighs heavily on me and while I wish I could go back and do things differently, I can only take responsibility and move forward. I have great faith in God and I believe in redemption.  And I will do everything in my power to redeem myself and use this experience as a catalyst to do good and give back for the rest of my life."

"Your Honor, I’m truly, deeply and profoundly sorry and I’m ready to accept the consequences and make amends," she concluded. "Thank you for your time."

It's unclear when Loughlin and Giannulli will report to prison.

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