I started coming out to people this July, and wager I finished the process two months back when I told my parents.
It gets easier as it goes, until you come to the people who are hardest, like your parents. I expected a horrible reaction from them, particularly my father, but my mom wasn't surprised and my dad didn't care.
...Which was quite a pleasant surprise.
Telling the people who know you best is probably the best course of action, and females typically already have a hunch about guys. They get along TOO well to be normal, you know?
My coming out process was fantastic. I haven't had a bad response yet, but nonetheless, every time you tell someone, it drains you physically and emotionally, which is what made this semester so long and arduous for me.