No contributions toward the purchase of the first $25,000 in maturity value of college savings bonds shall be considered in evaluating the financial situation of a student or be deemed a financial resource of or a form of financial aid or assistance to the student for purposes of determining the eligibility of the student for any scholarship, grant or monetary assistance awarded by the agency, the Commonwealth or any agency thereof; nor shall the first $25,000 in maturity value of college savings bonds provided for a qualified student under this chapter reduce the amount of any scholarship, grant or monetary assistance which the student is entitled to be awarded by the agency, the Commonwealth or any agency thereof as provided by law.