How do you reverse a PJ and under what circumstances would this be appropriate?

If a student takes an extreme amount of time to provide documentation for verification what steps should the financial aid office take?

Has their ever been an audit of the verification process or the information submitted by the student to comply with the documentation?

Do you ever think the regulations will change regarding this? There is an increase in parents who either can't afford to support their kids through higher education or lack the resources to support.