This can easily be done, and I've seen it done with a 5.5gal. Sure fish/coral stocking will be limited, but still a neat little show piece for the dorm.
I would suggest to go away from the Front/Back split and go to a penninsula type. More room to work with if spitting within the tank (10"! After the split you're looking at the most a 4" display area vs a 14"+). There are also a lot of decent Nano-Skimmers availible to fit inside this as well. As for the black acyrlic you can get away from using it IF you wish to do a Rock Wall.