On Monday, Deal announced he suspended Hobby from office by Executive Order.
The Southern Center for Human Rights announced Tuesday that the total settlement fund will be $3 million in a federal civil rights lawsuit, which is the limit of the defendant's insurance policy.
The lawsuit was filed in July claiming nearly 900 students were searched without cause at Worth County High School in April.
An attorney with Atlanta-based civil rights law firm Horsely Begnaud, Mark Begnaud, said that if the settlement is approved each student will be sent home with a survey they are asked to fill out for an account of their experience during the search.
Additionally, once all claims are resolved and attorney fees paid, the remainder of the settlement will be put into a fund to benefit Worth County High School students.