<p>Hi . This is my first post- I have been lurking for quite a while. I just want to note that the purchase of a new instrument is considered an educational expense and you can add to your PLUS loans, or other educational loans for that expence-like travel and books are also considered an expense. My son is trading up ( again!) and buying an better double bass and he was adivsed by several of his teachers/ professsors that this is the way to make the purchase. If you wait until you are through with school, you would have to take out a regular loan, with astromonical interst, if availavle at all.</p>