As of today, over 600 Alaskans will see about $1,702 as a stimulus payment from the 2025 Permanent Fund Dividend (PFD). This yearly subsidy is funded with the revenues derived from state oil and gas, which assists the residents with some of their essential expenses, including food, housing, and medical care.
The program is administered by the Alaska Department of Revenue, where on-time delivery of dividends for eligible residents is ensured while preventing fraud.
The department has a strong commitment to fairness and efficiency in distributing these payments, says Genevieve Wojtusik, division director of the fund.
Payment
The total amount of PFD payments for 2024: $1,702 includes:
- $1,403.83 from the Permanent Fund Dividend; and
- $298.17 from an energy assistance check.
- Payments will be made in multiple phases throughout 2025 based on the approval status of an applicant.
Schedule
Eligible residents will receive payments according to the following schedule:
| Status Date | Payment Date |
|---|---|
| April 9, 2025 | April 17, 2025 |
| May 7, 2025 | May 15, 2025 |
If your application is in “Eligible-Unpaid” status by one of these deadlines, you will receive your payment on the corresponding date.
The eligibility requirements for the 2025 PFD are as follows:
- Residency: The applicant must have been a resident of the state for the entire prior calendar year and intends to remain in Alaska indefinitely.
- Present in Alaska: The applicant must have been in Alaska for a period of time not less than 72 hours within the last 24 months.
- Criminal Record: The applicant must not have been imprisoned in the last 12 months for a felony conviction. If, since January 1, 1997, the applicant has had more than two misdemeanor convictions, he/she is also not eligible to apply.
Apply
Eligible residents of Alaska can apply for a Permanent Fund Dividend until March 31, 2025. An application may be made:
Online at pfd.alaska.gov.
By mail to the following address: Alaska Department of Revenue, 550 W 7th Ave, Suite 1000, Anchorage, AK 99501.
Some people may qualify for some special exceptions which include:
- Persons with disabilities who cannot apply independently.
- Relatives filing for benefits of a deceased applicant.
- Active military who received hostile fire or imminent danger pay during the application period.
- Eligible individuals under these exceptions must directly contact the Alaska Department of Revenue for further assistance.
Permanent Fund Dividend is among the significant financial lifelines for Alaska residents, which provides essential support to all its eligible residents. Not yet applied? Try before the deadline of March 31, as it affords $1,702 to every eligible resident.
The $1,702 stimulus payment is a much-needed financial relief for many people, but the payment date and eligibility heavily depend on the income, social security status, as well as other factors. Check your eligibility, update your banking information, and keep yourself updated on the official payment schedule to ensure your deposit arrives on time. If you have not received your payment.
FAQS:
Am I supposed to apply for the $1,702 payment?
Indeed, most programs, including Alaska’s PFD, require you to apply between January 1 and March 31 of the payout year. You can do this online through an authorized portal.
When will the $1,702 stimulus payments be issued?
Payments are expected to be distributed around April 2025, depending on how well the processing and verification of applications go.
How will you pay me the stimulus money?
If you provided information for direct deposit, your payment will go directly into your bank account. Otherwise, paper checks will be mailed to your registered house address.
What if I didn’t get my payment of $1,702 in any way?
One needs to check the payment status by the respective portal (IRS, state website, or PFD tracker). Otherwise, please get in touch with customer services or visit local offices.
Can non-citizens or green card holders receive this payment?
According to many programs, lawful permanent residents meeting the income levels and the residency requirement may get qualified. Check the specific payment program guidelines.
Is this a one-time payment or a recurring one?
The $1,702 stimulus is at present thought of as a one-time payment. There has never been any confirmation that it will be disbursed on a recurring basis.