Yes.
Calm responses only. Teach her self love and how to respond to bullies.
Give her her sense of power by giving her tools, not responding in fear and supporting that there is something awry by doing hair removal fields, etc.
Calm down, mama. It’s evident you love and care for your child deeply and don’t want her suffering at school. She’s young, and kids say harsh things to each other. It’s better that you begin to build her self esteem than to try to remove anything that people can attack her with.
Outside of children, adults who bully don’t actually have an issue with the body hair they point out. If it’s not body hair, it’s your eye color. If it’s not your eye color, it’s your kindness. It’s not about her.
Help her grow so she realizes that and has healthy self esteem. this is a good test for your self esteem too, knowing you’re perfect as you are created and teaching that to your kin. It’s not about her. Bullying is about a feeling the person doing the bullying is experiencing.