The difference could be some nondeductible fees the University charges or health insurance related costs that would not be deductible.
To determine how to treat your daughter's Form 1098-T information, see the resources below:
See Instructions for Forms 1098-E and Form 1098-T:
Qualified tuition and related expenses.
Qualified tuition and related expenses are tuition, fees, and course materials required for a student to be enrolled at or attend an eligible educational institution.
The following are not qualified tuition and related expenses.
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Amounts paid for any course or other education involving sports, games, or hobbies, unless the course or other education is part of the student’s degree program or is taken to acquire or improve job skills.
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Charges and fees for room, board, insurance, medical expenses (including student health fees), transportation, and similar personal, living, or family expenses.
See IRS 2020 Publication 970: Tax Benefits for Education, page 7 for Worksheet 1-1 and a paragraph in the first column about How to Report taxable income.
