No, you are not required to report your 1098-T if your qualified educational expenses exceed your financial aid including a scholarships/grants.
However, you should consider reporting both of the above as you may qualify for the American Opportunity Credit, the Lifetime Learning Credit , or the Tuition and Fees Deduction.
To enter educational expenses:
Type in 1098-t in the search box, top right of your screen, then click the magnifying glass
Click the jump to 1098-t link in the search results
Follow to prompts and online instructions