"I understand that attending the University of Notre Dame is a privilege and with that comes a certain level of academic responsibility," Daniels said. "Therefore, I will not be attending Notre Dame in the spring semester but fully expect to re-enroll in the summer semester to earn my degree and continue playing football for the Irish."
Notre Dame, citing privacy laws regarding student records, would not comment.
Daniels is the Fighting Irish's leading returning receiver for 2014, as the redshirt sophomore had 49 catches for 745 yards and seven touchdowns in 2013, each number ranking second on the team behind graduating senior TJ Jones. In his career, Daniels has caught 80 passes for 1,235 yards and the seven touchdowns.
The 6-foot-1, 203-pounder was ESPN's No. 65 overall player when coming out of Vernon Hills (Ill.) High in 2011 and the No. 12 receiver in the country. Daniels' father, Phillip Daniels, played in the NFL for 15 years as a defensive end for Chicago, Washington and Seattle.
NBCSports.com, citing sources, had earlier reported Daniels could be facing a suspension.
Daniels is the third high-profile Fighting Irish athlete in the past year to be suspended from school for academic problems.
Jerian Grant, the leading scorer on the basketball team, was suspended last month for an academic violation, and quarterback Everett Golson missed the fall semester. Grant has said he intends to return to school next fall and play his senior season, and Golson, who has two years of eligibility left, has been readmitted to school for the spring semester.
The Associated Press contributed to this report.