This is the second piece in a set that I entered into a portrait exhibit at my school. The exhibit features various portraits of art students done by art students. So it's very much an insider thing for the art department, and it's a bit more casual than the usual exhibit.
My submission was a set of 4 portraits. This one's a portrait of Amy, one of the art students in my class.
The description of "Fi" has more info about how these were made.