A 27-year-old medical student who is auctioning off her virginity online with the hopes of making at least $400,000 from the project has finally revealed her face.

The woman, who uses the name “Elizabeth Raine” to protect her identity, has been running the online auction through her own website since March 31, the Huffington Post reports.

Raine previously hid her face in photos and did not want to answer questions that might reveal her true identity. She decided to show her face to help attract more bids from customers.

"I actually didn't like the anonymity. People mistake it for shame," she told The Huffington Post. "Plus, there has been some speculation that I'd be outed and I wanted to do it on my own terms."

The current top bid is $300,000, but she said she's received bids near $550,000.

“I’ve been planning this for a year and I’ve had a personal transformation because of it,” Raine said. “I’m more educated about prostitution, virginity and slut-shaming.”

She is still scared of getting kicked out of the medical school she attends if officials found out she is the “Med School Virgin.”

“Lawyers have different opinions on whether I’d get kicked out, but one lawyer I trust believes it won’t happen,” Raine told the Post.

Despite being attractive, Raine said sex and relationships have never been a priority for her.

"I have a busy life. I am picky and guys were never a priority," she said. "I had other things going on."

Raine's main reason for selling her virginity is for financial gain. The winning bidder will have to prove he has no sexually transmitted diseases and will wear a condom.

Raine also has several other rules, including the man may not be under the influence of alcohol or drugs during the sexual act, no anal sex or treating her with violence.

(Photo courtesy of Elizabeth Raine via Huffington Post)

“There will be a legal contract between us,” she said. “[The winner] may not be happy [with the sex], but he knows what he’s paying for.”

Bidding closes May 7 at 8 p.m. EST.

This is not the first time a woman has tried to sell her virginity online.

The New York Daily News reported that Catarina Migliorini, then 21, auctioned off her virginity to a Japanese man in 2012 for $800,000 as part of a documentary. However, she said she was never paid and the deal was never sealed.