an event that impacts the calculation of the applicable state statutes of limitation. (c) Minimum relief for private student loan borrowers as a result of the COVID–19 national emergency (1) Minimum student loan relief as a result of the COVID–19 national emergency Not later than 270 days after the last day of the COVID–19 emergency period, the Secretary of the Treasury shall carry out a program under which a qualified borrower, with respect to the private education of loans of such qualified borrower, shall receive in accordance with paragraph (3) an amount equal to the lesser of the following: (A) The total amount of each private education loan of the borrower