Every year, Alaskans eagerly await the Permanent Fund Dividend (PFD), a unique state initiative that distributes a portion of the state’s oil revenue directly to eligible residents.
In 2025, the payment will be a significant $1,702 per resident, marking a 30% increase from the previous year. Here’s everything you need to know about this highly anticipated payment, including key dates and the requirements to apply.
What is the Permanent Fund Dividend (PFD)?
The PFD is a program that distributes a portion of Alaska’s oil revenue to residents each year. In 2025, eligible residents will receive $1,702, a 30% increase from 2024.
While often referred to as a “stimulus check,” it’s important to note that the PFD is completely separate from the federal stimulus payments issued during the COVID-19 pandemic by Presidents Donald Trump and Joe Biden. Instead, this is a long-standing initiative that benefits over 600,000 Alaskans annually.
Key Dates for the July 2025 Payment
For residents who applied for the 2024 or earlier PFD, payments will be made based on the “Eligible-Not Paid” status. Here are the key distribution dates:
June 18, 2025: For applications in “Eligible-Not Paid” status by June 11, 2025.
July 17, 2025: For applications in “Eligible-Not Paid” status by July 9, 2025.
August 21, 2025: For applications in “Eligible-Not Paid” status by August 13, 2025.
These dates are crucial for ensuring that you receive your payment on time if you are in the “Eligible-Not Paid” status.
Requirements for the 2025 PFD Payment
To qualify for the $1,702 PFD payment in 2025, residents must meet the following requirements:
Residency: You must have lived in Alaska for the entire 2024 calendar year and show an intent to remain in the state indefinitely.
Felony Convictions: Individuals convicted of certain felonies or incarcerated for any part of 2024 are not eligible.
Application: You must have applied through the official portal, pfd.alaska.gov, or by mail. The deadline for 2025 was March 31, 2025. Late applications will not be processed.
Documentation: Valid government-issued ID, proof of Alaska residency during 2024, and a valid Social Security number or ITIN are required to complete the application.
The 2025 Permanent Fund Dividend (PFD) payment of $1,702 is a significant increase for Alaskan residents, reflecting the state’s commitment to sharing its oil revenue with its residents.
Understanding the key dates and eligibility requirements is essential to ensuring that you receive your payment on time. Be sure to check your application status and ensure that all required documentation is submitted by the deadlines.
