I just noticed you're newish here, welcome

You've been here a month and not ran away screaming for the hills, that's a good thing.
I am sure you do & will continue to contribute just fine!
You might be able to run the fileserver off of the QSAN box if it's any good (I've never used them), and back it up across onto whatever new toy comes along to play with.
That said, a DL380 with a bunch of disk will probably work just as well (decent disks!!) as a fileserver and you could start your virtualisation project on top of the QSAN but it depends how resilient it is as a system as it's one of the great unknowns!
Of course, this is even assuming you NEED a SAN at the moment, you might be able to get away with (as many folks do) a few boxes each with some local disks raided up and virtualise on top of that; yes you'll lose the vmotion and ability to shift stuff around as easily but you might not need that if you have a decent raid set up and back up regime.
You've made (and I'm pleased, so many people don't) the right connection that comparing the logon/logoff patterns in commercial to Edu simply isn't close. You need kit that can take almost the full complement of your student PC estate logging in & out every hour in large chunks so a/some capable fileserver and sensible profile management is the biggest win you could possibly get. There's probably some argument here also that whatever you do do in fileserver land if you only deploy one for now it's probably still worth setting it up in DFS style so if you need to bolt on more fileservers later you don't need to worry about updating unc path links and messing about you just throw the box into the mix.
What's your network like at the moment? Do you have a reasonable core switch that the servers are connected close to or is it a bit of a mish mash?
So many things to think about
