If you live in the US state of Alaska, then the year 2025 is bringing a big relief for you. Under the Permanent Fund Dividend (PFD) given by the state government, eligible residents will be given an amount of $1,702 this year. This amount will be given in two installments in May and October 2025, which will provide financial support to thousands of people.
Let us understand this beneficial scheme in simple language – who is eligible, how to apply, when will the money be received, and what things are important to keep in mind.
What is PFD and why is this amount given?
Alaska’s Permanent Fund Dividend (PFD) is a special government scheme that distributes part of the earnings from the state’s natural assets – such as oil and gas – with the permanent residents of the state. This fund was started in 1976 so that Alaska’s oil earnings can also be protected for future generations.
Every year, about 5% of the earnings from this fund are distributed to the eligible citizens there. The plan is managed by the Alaska Permanent Fund Corporation (APFC), which invests the money in the stock market, real estate, and other investments to ensure that the fund continues to earn.
What is the amount to be received in 2025?
- In 2025, each eligible citizen will receive $1,702. This amount is divided into two parts:
- $1,403.83 – This is the normal PFD amount that is fixed every year.
- $298.17 – This is the additional bonus approved by the Alaska state government under Energy Relief.
Although this is based on 2024 earnings, the amount is expected to be almost the same for 2025.
Eligibility Criteria for PFD
If you want to get this amount, then you have to fulfill some conditions. Below is a simple breakdown of who is eligible:
Permanent residence: You must live in Alaska for the entire 2024 year and plan to stay there permanently.
Physical presence: You must be physically present in Alaska for at least 72 consecutive hours in either 2023 or 2024.
No extended absence: If you are out of Alaska for more than 180 days, the reason must be legitimate, such as study, medical treatment or military service.
No criminal record: If you have a felony or multiple misdemeanors on file in 2024, you will not be eligible for PFD.
Timely application: The deadline to apply is March 31, 2025. Applications made after that time will not be accepted, even if all other conditions are met.
Separate application required for each person: Every member of the family, even children, must fill out a separate application.
How to apply?
Applying for PFD is very easy, you just have to follow a few steps:
- First of all go to the official website pfd.alaska.gov.
- Create or log in to a “myAlaska” account here.
Fill the application form, which will include your personal information, Alaska residence information and bank details.
- If you have ever lived outside Alaska temporarily, upload proof of that as well.
- After checking all the information, submit the application before time.
When will the payment be received?
The expected dates for the 2025 PFD payment are as follows:
May 5, 2025: Applications whose status is “Eligible – Not Paid” as of May 7, 2025 will receive payment on May 15.
18 June 2025: Those whose status is “Eligible – Not Paid” as of June 11 will be transferred the amount on June 18.
When you will receive your amount depends on when you applied and when your investigation was completed.
Tax related information
It is important to know that:
The PFD amount is subject to federal tax, meaning you will have to show this $1,702 in your 2025 income tax filing.
However, the state of Alaska does not levy any tax on it.
If you file a tax return, it is important to report this amount correctly, otherwise you may get a notice from the IRS in the future.
Avoid these mistakes while applying
Many times people do not get their PFD payment on time due to minor mistakes. Take special care of these things:
- Do not miss the last date of application.
- Fill your bank account number and address correctly.
- If you have been outside Alaska, provide correct information and reason for that period.
- Upload the correct documents related to your residence.
What happens if the application is not made on time?
If you do not apply by March 31, 2025, you will not get this year’s PFD. The Alaska government does not accept late applications. Then you will get a chance to apply again next time i.e. in 2026.
Can any documents affect your eligibility?
Yes. If you have obtained a driver’s license in another state for REAL ID, then your PFD eligibility may be questioned. Doing this can prove that you have shifted out of Alaska. So it is better to avoid it.
In the end…
This amount of $1,702 can prove to be very helpful financially for thousands of families living in Alaska—whether it is for children’s education, house rent, bills, or food expenses. If you are eligible, do not miss this opportunity.
- Some important things to remember:
- Read the eligibility conditions carefully.
- Apply on time (February to March 31, 2025).
- Upload your information and documents correctly.
- Keep an eye on payment dates.
If you do all of this carefully, you’ll have $1,702 in your pocket in May 2025—without any hassle.
FAQs
Q1. What is the $1702 PFD Stimulus Check 2025?
The $1702 PFD refers to the Permanent Fund Dividend issued by Alaska in 2025, which acts like a stimulus payment for eligible residents.
Q2. Who is eligible to receive the PFD stimulus check in 2025?
To qualify, you must be an Alaska resident for the entire 2024 calendar year, not claim residency elsewhere, and meet all state eligibility requirements.
Q3. How much is the PFD stimulus check for 2025?
For 2025, the Alaska PFD payment is $1702 per eligible individual, as officially announced by the state government.
Q4. When will the $1702 PFD check be distributed?
Payments usually begin in October 2025 for those who filed electronically and selected direct deposit. Paper checks follow shortly after.
Q5. Do I need to apply for the PFD every year?
Yes, applications must be submitted each year. The 2025 application deadline was March 31, 2025.
