That will work. She will have taxable scholarship income for the amount that the scholarship exceeds her qualified education expenses.
Depending on the amounts on her 1098-T and your income level, it may be possible for you to take an education credit on your return. You can try having her enter less expenses on her return - which will increase her taxable income, but allows you to claim those expenses on your return. The education credit on your return may be higher than the additional tax your daughter will pay on her return.
The IRS recommends you handle the scholarship income and education expenses in the way that provides the best financial outcome for your family. This link is to a IRS slideshow presentation from 2014 - but the information is still valid.
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