This is serious stuff. Lori Loughlin and Felicity Huffman, who were both indicted in the college admissions scandal, didn’t realize the whole thing “would become so serious,” a Huffman source exclusively explained in the new issue of Us Weekly. “They haven’t fully grasped the extent of their alleged crimes or the possibility of prison time,” the source revealed.

According to court documents obtained by In Touch, arrest warrants were granted on March 11 for both Loughlin, 54, and Huffman, 56, for “conspiracy to commit mail fraud and honest services mail fraud.” The actresses and other defendants were accused of the following: “bribing college entrance exam administrators to allowed a third party to facilitate cheating on college entrance exams, bribing university athletic coaches and administrators to designate applicants as purported athletic recruits, having a third party take classes in place of the actual students with the understanding that grades and in those classes would be submitted as part of the students’ college applications, submitting falsified applications for admissions to universities, disguising the nature and source of by payments by funneling the money through the accounts of a purported charity from which many of the bribes were then paid.”

Loughlin and her husband, Mossimo Giannulli, allegedly “agreed to pay bribes totaling 500,000 in exchange for having their two daughters [20-year-old daughter Isabella and 19-year-old daughter Olivia Jade] designated as recruits to the USC crew team — despite the fact that they did not participate in crew — thereby facilitating their admission to USC.” Huffman — along with her husband, William H. Macy, allegedly “made a purported charitable contribution of $15,000 to KWF to participate in the college entrance exam cheating scheme on behalf of her oldest daughter,” 18-year-old Sofia.

Desperate Housewives alum Huffman appeared in federal court in Los Angeles on March 12 to face her charges and was released on a $250,000 bond. Loughlin, on the other hand, was released from jail on a $1 million bond after she appeared in federal court on March 13. Her new court date is set for March 29 in Boston. It may become more clear to both women just how serious these charges are when they have to show up to court to defend themselves.