The Sacramento State grad, who uses the pseudonym "Natalie Dylan," told "The Insider" she is "ready for the controversy."
"I don't think auctioning my virginity will solve all my problems, but it will create some financial stability," she said, according to the magazine.
Dylan was turned down by eBay, and shock-jock Howard Stern denied reports he has a hand in the stunt.
"Through this process I'm not just looking for the highest bidder," she said, Us magazine reported. "I'm looking for someone who is a genuine, overall nice person."
Dylan said she is willing to undergo a medical exam, and took a polygraph to prove she is a virgin.
A Sacramento State grad is putting her virginity on the auction block to help pay for her studies.
Dylan says she's already taken a polygraph test to prove her virginal status and is also willing to undergo a medical exam.
She says she hopes to net up to a million dollars from the auction, which will take place in Nevada at the infamous Moonlight Bunny Ranch (eBay turned her down).
"Through this process I'm not just looking for the highest bidder," she says, adding, "I'm looking for someone who is a genuine, overall nice person."