Paying for college can be a daunting adventure but, with some educated foresight and a little sacrifice, almost anyone is capable of figuring out an affordable way to pay for education. Like any difficult task, there are many, many myths that materialize and scare people away from perusing an education. We will highlight a few, but when you're ready to take the plunge and enroll in school it's always a good idea to talk things over with a financial aid advisor at your college of choice.

Myth #1: Only the rich can afford to go to school.

Not true. There are many who grow up in middle class or impoverished families who figure out ways to either save for school, or get their school paid for through scholarships and grants. In fact, 20 percent of all traditional-aged college students come from families with annual incomes lower than $25,000 a year.

Myth #2: Saving for college is a waste of time because it makes students ineligible for financial aid

Not true. Most colleges figure their financial aid packages by a family's annual income, not by the amount of money saved up in the bank. Anyway, saving for college is the best way to go. If you save before you go, you won't have to worry about scraping up money while you're studying or the weight of student loans after graduation.

Myth #3: Scholarships are only for athletes and minorities.

Not true. While it is true that there are many scholarships out there for athletes and minorities, these are only part of the "free money" pie. If you check in with a college counselor or a library, you can search a database full of scholarships, open to a number of different type of students. Some are subject based, sponsoring a certain track of studying, while others are academically based, sponsoring students who have worked hard to earn good grades. Then there are also some that are hobby based, sponsoring students with special interests, such as painting, drawing, agriculture, and writing.