Alaskan residents will receive a $1,702 Permanent Fund Dividend (PFD) in 2025, including a $1,440 base payment and a $262 energy-relief bonus—a 30% surge compared to the $1,312 paid in 2023.
While not a federal stimulus, it’s widely viewed as stimulus-like support for everyday Alaskans facing rising costs.
What Is the Alaska PFD?
The Permanent Fund Dividend is an annual payment distributed by the State of Alaska, funded by oil and gas revenues held in a sovereign wealth fund. Each year, eligible residents receive a share based on fund performance and legislative decisions.
Who Qualifies for the $1,702 PFD?
To qualify for the 2025 payout, you must meet strict residency and legal criteria:
- Lived in Alaska all of calendar year 2024
- Did not claim residency elsewhere since December 31, 2023
- Spent no more than 180 days outside Alaska (with permitted exceptions)
- Had no felony convictions or disqualifying incarcerations
- Filed your PFD application by March 31, 2025
PFD Payment Schedule — 2025 Releases
| Application Status As Of | Payment Date |
|---|---|
| Eligible–Not Paid by June 11 | June 18, 2025 |
| Eligible–Not Paid by July 9 | July 17, 2025 |
| Eligible–Not Paid by August 13 | August 21, 2025 |
Most recipients will receive funds through direct deposit, while others may receive a mailed paper check.
How to Apply or Check Your PFD Status
- Apply online at pfd.alaska.gov during the filing window (January 1 – March 31)
- Access your “myPFD” portal to track your status, update address or banking info
- Choose your preferred payment method: direct deposit or mailed check
If your status shows “Eligible–Not Paid,” expect your payout during one of the three release rounds. Ensure your contact and bank details are current to receive funds without delay.
What Makes Up the $1,702 Amount?
This year’s payout consists of:
- $1,440 Base Dividend: standard annual amount based on fund earnings
- $262 Energy Relief Bonus: supplemental payment approved due to high energy prices
Total: $1,702 per eligible individual—a 30% increase over 2023’s payment.
Why It Matters to Alaskans
- Injects essential cash into local economies—especially in rural areas with limited income options
- Helps families handle rising costs of fuel, groceries, utilities, and transportation
- Reduces poverty—studies show the PFD cuts poverty rates by up to 40% in some communities
- Functions like a seasonal stimulus check, predictable every year
What to Do Next
- Confirm you applied before March 31, 2025
- Log into your myPFD account to verify your application status and payment method
- Review the scheduled payment dates and ensure you’re covered in one of the waves
- Update your mailing or deposit information immediately if it’s changed
While the $1,702 payment may not be a federal stimulus, it’s a significant financial boost for approximately 600,000 Alaskans.
With applications closed and funds being released in multiple batches, now is the time to check your status and ensure your bank or mail details are accurate.
This year’s $262 energy bonus makes the difference—helping residents face high heating and living costs head-on.
FAQs
Who qualifies for the $1,702 payment?
Full-year Alaska residents of 2024, no felony convictions, under 180 days outside the state, and timely application.
When will my PFD payment arrive?
If eligible and unpaid by July 9, you’ll receive funds on July 17, 2025. A second round goes out on August 21, and earlier batches on June 18.
How is the $1,702 amount calculated?
It includes a $1,440 base dividend tied to fund performance and a $262 energy relief bonus added to offset high heating and fuel costs.