"I'm bisexual," the seventh-season The Bachelor runner-up and first-season Bachelor Pad contestant toldLife & Style while attending a Gay, Lesbian and Straight Education Network event in Los Angeles last weekend.
Kennedy -- who competed on Charlie O'Connell's The Bachelor season in 2005 but fell just shy of receiving his final rose -- reportedly began dating women three years ago but hasn't lost interest in men. She said she wants to be honest about her feelings and is happy she has a strong support system by her side.
"I'm completely open to still dating men," Kennedy said. "For me, this is all very new, and I was very lucky to have had my friends and family behind me."
Kennedy has apparently received some skepticism from fans over her newly-declared sexual preference since she solely fought for the affections of men on reality television and participated in beauty pageants.
"People have said, 'Oh, she was on The Bachelor and she was Miss Rhode Island -- why would she date women?'" said Kennedy, who was Miss Rhode Island USA 2003.
However, the 31-year-old former bachelorette admitted she has recently split from her girlfriend of a year and is open to finding love with either men or women, looking past their sex alone.
"I want to fall in love with anyone and I don't care who they are," Kennedy told Life & Style.
"I just want love. I want long-term and I want commitment. I really want those things and if people open their hearts to it, you can find that with anyone."