Okay, so given the $5480 offered in the loan, subtract out the $510 from the COA(assuming you are not asking her to take a loan to reimburse your gas?) so now the loan is down to $4970…you said you just bought books, are you expecting the loan proceeds to reimburse that, or is that something you are covering? If you are going to pay for her books, subtract the $810 and you are down to $4160 loan. Is she going to work at school? If so, she can easily cover The $1150 misc. so you are down to $3010, or just $1505 a semester. Does she have any gifts or summer job savings? Can you help out any more?
If you are really opposed to loans, I bet you can make it work this year! Good luck.