If I have paid student loan interest reported on my 1098-E form (box 1), am I also required to submit a Schedule 1 form or is that optional?

I am aware that I am eligible for another tax deduction via paid student loan interest, and I am trying to figure out the benefit of paying for the Delux Turbo Tax edition to get this benefit versus saving that money and skipping this step.  But I also want to know whether I will be filing inaccurately and risk a fine for choosing not pay the extra for the schedule 1 tax form.