College Cost Reduction Book Reveals Key Mistake When Relying On Accountant For Financial Aid Advice

Online, July 18, 2011 (Newswire.com) - College cost reduction is an unending quest of middle class Americans who want their children to obtain higher education. Middle class American families resort to government agencies and various other entities to help them in the process of acquiring college grants.

"College Aid for Middle Class America" is a book by Ryan Clark, MBA, that reveals the ins and outs of educational aid for college. Presented at CollegeAidForMiddleClass.com, the book reveals the mistake that people commit in their efforts to ease the burden of paying for college: relying on an Accountant or CPA for college financial aid advice.

The book explains that both CPA and accountants do their best to reduce tax liabilities. However, these experts may not totally understand the entire process for Financial Aid, according to the book. Only CPAs who are members of the Nations Institute of Certified College Planners or the National College Advocacy Group are likely to be knowledgeable with the financial aid process.

College Aid for Middle Class America's second chapter, titled "College Cost Reduction," explains how the financial aid process can be totally opposite to tax strategies. While the process can be simple, some CPAs may not be completely versed with financial aid forms. Also detailed in the chapter is the fact that there are differences between financial aid formulas and from IRS formulas. As such, advice from a CPA might help long term with tax reduction, but might reduce the chances of receiving financial aid.

"Financial Aid forms and Federal tax returns are linked and it is very important to have the proper tax planning while your child is enrolled at college or university," says College Aid For Middle Class America author Ryan Clark, referring to pitfalls to avoid. "Parents should work with CPAs that are well versed with the intricacies of the financial aid process," he adds.

College Aid for Middle Class America also includes important questions that parents should ask before working with a certain CPA, as well as tips about what a qualified CPA should know regarding state grants and asset protection. Moreover, the book offers readers a 19-step system that has been proven to effect dramatic college cost reduction.

American families aiming to send their children to college while protecting their current lifestyle and future retirement plans should visit http://collegeaidformiddleclass.com/ and discover how to avoid the crucial mistake that hopefuls commonly make.