Residents of Alaska are set to receive a $1,702 stimulus payment in June 2025, thanks to the Permanent Fund Dividend (PFD).
This payment provides crucial economic relief, especially with rising energy costs and inflation.
Funded by oil and gas revenues, the 2025 PFD marks a 30% increase over last year’s amount, making it one of the most generous in recent history.
Breakdown of the $1,702 Payment
The $1,702 total payment is divided into two main components:
| Component | Amount (USD) | Purpose |
|---|---|---|
| Regular Dividend | $1,403.83 | Annual payout from state oil revenue |
| Energy Relief Rebate | $298.17 | One-time rebate to offset high energy costs |
| Total Payment | $1,702.00 | Combined benefit for eligible Alaska residents |
This structured payment not only helps households cope with expenses but also acts as a stimulus to the local economy through increased spending.
When Will the $1,702 Stimulus Deposit Be Made?
According to the Alaska Department of Revenue, the payment schedule depends on the status of each applicant’s file.
- If your application was filed in 2024 or earlier and is listed as “Eligible – Not Paid” by June 11, 2025,
- Then you will receive the direct deposit on June 18, 2025.
The payment will be deposited into the bank account provided during application, or a paper check will be mailed to the address on file if no banking information was submitted.
Who Is Eligible for the $1,702 PFD Stimulus?
To qualify for the 2025 PFD stimulus payment, applicants must meet several residency and legal requirements:
Eligibility Criteria:
- Must have been an Alaska resident for the entire 2024 calendar year.
- Must intend to remain an Alaska resident indefinitely.
- Must have been physically present in the state for at least 72 hours in the past 24 months.
- No felony incarceration in the past 12 months.
- If convicted of a misdemeanor, must not have more than two convictions since January 1, 1997.
The application window was open from January 1 to March 31, 2025, with a final deadline of April 1, 2025. Applications could be submitted online at pfd.alaska.gov or mailed in.
Why Is This Payment Significant?
The Alaska PFD is not just a stimulus — it’s a long-standing economic tool designed to redistribute oil wealth back to residents.
Established in 1976, the Permanent Fund ensures that all Alaskans benefit from the state’s natural resources.
Key Impacts of the 2025 Payment:
- Provides direct financial relief amid inflation and high energy bills.
- Stimulates local businesses and services by boosting purchasing power.
- Encourages economic participation and investment across communities.
The $1,702 Alaska stimulus payment is set for June 18, 2025, for eligible residents. With rising living costs, this payment serves as a much-needed relief and a vital economic stimulus.
Ensure your application was approved and marked as “Eligible – Not Paid” by June 11 to receive your funds.
FAQs
What if I missed the PFD application deadline for 2025?
Unfortunately, if you missed the April 1, 2025, deadline, you are not eligible for the $1,702 payment. You may apply next year for the 2026 cycle.
Will everyone receive the full $1,702 amount?
Only those who meet all eligibility criteria and applied on time will receive the full payment. If your status is “Eligible – Not Paid” by June 11, you will get paid on June 18.
How do I check my PFD application status?
Visit pfd.alaska.gov and log in to your account. You’ll see your application status, payment method, and expected deposit timeline.