The year 2025 is going to be a year of economic relief for the residents of the US state of Alaska. Under the Permanent Fund Dividend (PFD) program run by the state government, eligible citizens will be given a stimulus amount of $1,702 in May and October 2025. This payment is part of the income from the state’s natural assets – especially oil.
What is Alaska Permanent Fund Dividend (PFD)?
PFD started in 1976, when the Alaska government decided that some part of the income from oil and other natural resources would be saved for the future. This money is invested and grown through the Alaska Permanent Fund Corporation (APFC). Part of its interest is distributed among eligible residents every year, which we call PFD.
How much amount will be received in 2025?
The sum in 2025 is not announced yet, but it is estimated that there will be equal to the sum in 2024. The total sum of 2024, PFD accounted to $1,702, out of which regular dividends of $1,403.83 were paid, and energy assistance bonuses of $298.17. This is a stable economic signal that Alaska’s economy remains strong.
2025 PFD Payment Schedule
Application Status | Payment Date |
---|---|
Eligible-Not Paid” as of April 9, 2025 | April 17, 2025 |
Eligible-Not Paid” as of May 7, 2025 | May 15, 2025 |
Eligible-Not Paid” as of June 11, 2025 | June 18, 2025 |
If you are in “Eligible-Not Paid” status before these dates, you will receive a payment in the same month.
Eligibility Criteria for PFD 2025
Before applying for PFD, it is important to know who is eligible for it. The rules below must be followed:
Eligibility Conditions:
You must live in Alaska for the entire year 2024, and you must have the intention to permanently reside in the state.
You must be present in the state for at least 72 consecutive hours in either 2023 or 2024.
If you have been out of state for more than 180 days, the reason must be acceptable, such as:
- Education
- Medical treatment
- Military service
- If you have a felony or multiple misdemeanor convictions in 2024, you will not be eligible for this scheme.
- Each person has to apply separately, whether it is an adult or a child.
Note: If you have a driver’s license or REAL ID from another state, your eligibility may be affected.
Application Process Applying for the 2025 PFD is an easy process. Just follow these steps:
- Go to: pfd.alaska.gov
- Create or log in to a myAlaska account.
- Fill out the application form – it will include name, address, bank account information and proof of residence.
- Inspect the relevant documents and upload it in case you were off the territory of Alaska temporarily.
- Ensure that you submit all the information and do it before 2025 April.
Common application mistakes
To get the PFD benefits on time, it is very important to avoid the following mistakes:
- Missing the application deadline.
- Wrong bank or mailing information.
- Not providing out-of-state information.
- Not providing required residence documents.
What if you miss the application?
If you do not apply by April 2025, there will be no second chance. Late applications will not be accepted, and you will have to wait until the next year, 2026.
Is this amount taxable?
Yes, it is important to know that even though the state of Alaska does not levy any tax on it, the US IRS considers it as taxable income.
Important tax related points: This amount must be shown in the 2025 tax filing.
If you want, you can adjust your tax withholding in advance so that there are no tax surprises later.
Why is this payment important for the people of Alaska?
Every year, thousands of Alaskans use this amount to meet their needs such as household expenses, education, medical care and fuel. This bonus helps a lot, especially in winter when the need for energy is high.
PFD is not only a financial aid, but it is also a way to give the citizens of the state a share of the benefits from natural resources. It makes the people of Alaska feel a sense of participation in the prosperity of the state.
Conclusion
$1,702 PFD Check 2025 is a great opportunity for the citizens of Alaska to take advantage of the resources of their state. If you meet all the conditions and apply on time, then this amount can be a great support in strengthening the financial position of your household.
FAQs
1. What is the $1,702 stimulus check in June 2025?
The $1,702 stimulus check refers to the Alaska Permanent Fund Dividend (PFD) payment being issued in June 2025 to eligible Alaska residents. It includes the 2024 dividend and an additional energy assistance bonus.
2. When will the $1,702 June payments be made?
The June 2025 PFD payment will be issued on June 18, 2025, for applicants who were in “Eligible-Not Paid” status by June 11, 2025.
3. Is this payment part of a federal stimulus package?
No. This payment is not part of a federal stimulus. It is part of Alaska’s state-level PFD program, which distributes a portion of oil revenue to residents.
4. Can new applicants still apply to receive the $1,702 check in June?
No. Applications for the 2025 PFD closed in April 2025. Only those who applied on time and met eligibility criteria can receive the June payment.
5. Is the $1,702 amount fixed for all residents?
Yes, all eligible applicants receive the same amount: $1,702, which includes the base PFD and a $298.17 energy relief bonus.