I've found myself in a precarious situation. For various circumstantial reasons (which I can elaborate on if curious), I was only able to start working with an advisor in my 3rd year of grad school. In my field of research, I have to teach each quarter to get paid. Unfortunately, my school has a policy about the number of times I can teach before I advance to candidacy (ATC), and I have reached the maximum number. No one warned me of this until it was too late.
So basically I am now forced to ATC before the Fall, and if I fail I will not be able to get paid. What is worse is the project my advisor started me off with is not the best. I can most likely write a nice paper out of it, but after the paper, both my advisor and I agree that there aren't very many further questions to be answered. Not a very good project for a thesis.
I'm hoping for some words of wisdom or advice that might calm my nerves about ATCing when I know this project wont be my thesis. Any thoughts?
Edit: In case this is not standard terminology, advancing to candidacy (ATC) is an exam I have to take in which I demonstrate to three or four faculty that I am working towards a thesis. I am supposed to present the work I have done in front of them, and at the end they decide whether that work can lead to a thesis.