Do NOT breed a 1 lb female - you could kill her!

Now, I think you need to get a digital scale and get an appropriate weight on her first. You also need to determine who's paying for her vet care while you have her. How you plan to reimburse your teacher if she dies in your care, etc.

How do you plan to incubate the eggs? Do you know how to get hatchlings started? Breeding snakes is more than putting two snakes together, and I think you need to put a lot more thought and research into it.