Updated

A 22-year-old college grad looking to pay off her student loans will auction off her virginity at Nevada's infamous Moonlight Bunny Ranch, Us magazine reported.

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.

Click here to read more on this story from Us magazine.