Yes you should amend your return due to the significantly higher amount on your revised 1098-T
You will have to wait until the return is either accepted or rejected by the IRS.
If the return is rejected by the IRS you can revise your 1098-T amount and refile your return.
If the return was accepted by the IRS then you will have to file an amended tax return using Form 1040X to revise your 1098-T amount.
The FAQ link below provides information on how to amend your tax return.
[Edited 03/10/2020 | 7:27 pm PDT]
https://ttlc.intuit.com/questions/1894381-how-to-amend-change-or-correct-a-return-you-already-filed
