Both the striker and left back respectively have been on loan at the northern seaside outfit for the the past month and manager Russell Slade - a former Notts County boss himself - wanted to keep the duo at the McCain Stadium until the end of the season after impressing in all the games they have played in.
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Meanwhile, Nicholson scored in his debut appearance for Scarborough and has made ten starts for them, to date.
"Tony and Kevin have been very impressive here so we are trying to keep them at the club for the remaining few games of the campaign." Russell Slade said of the pair.
Tony Hackworth, who signed from Leeds United for £120,000 back in July 2001 and he has one year left on his £2k-3k a week contract, whether this will be seen out at Notts County or elsewhere, remains to be seen.
While, Nicholson, who's contract expires at the end of this season, is widely expected to leave Meadow Lane after not featuring in Gary Mills’ plans since the new bosses arrival.