In 2025, Alaska residents will receive a substantial financial boost, with the state approving a $3,284 stimulus package. This payment combines the Alaska Permanent Fund Dividend (PFD) of $2,634 and a $650 Energy Relief Payment to assist with high utility and fuel costs.
This guide breaks down eligibility, how to apply, payment schedules, and tips for managing your finances effectively.
What Is the Alaska Permanent Fund Dividend (PFD)?
The Permanent Fund Dividend (PFD) is a yearly payment distributed to eligible Alaska residents from the state’s oil revenue savings fund, the Alaska Permanent Fund. This fund, created in 1976, ensures the state’s oil wealth is preserved for future generations.
Since 1982, Alaskans have received the PFD, which in 2025 is $2,634. In addition to the PFD, this year’s package includes a $650 Energy Relief Payment to help offset high energy costs.
Who Is Eligible for the 2025 Stimulus Payment?
To qualify for the 2025 stimulus, residents must meet specific criteria:
- Residency
You must have lived in Alaska for the entire year of 2024 and intend to stay in Alaska indefinitely. - Absence Allowance
You cannot have been absent from Alaska for more than 180 days unless for reasons like military duty, medical treatment, or education. - Legal Compliance
You should not have been convicted or incarcerated for a felony or misdemeanor in 2024. - No Other Residency Claims
You must not have claimed residency in any other U.S. state or foreign country during 2024. - Physical Presence
You must have been physically present in Alaska at least once during 2023 or 2024 for 72 consecutive hours.
How to Apply for the $3,284 Stimulus Payment
If you’re eligible, the application window for the 2025 PFD and Energy Relief Payment is open from January 1 to March 31, 2025. If you missed the deadline, you can apply for the next year’s PFD starting January 1, 2026.
Application Methods
Online: Apply via the myPFD portal.
Paper Applications: Available at post offices, libraries, and PFD distribution centers.
Required Documents
Proof of Alaska residency
Legal name and Social Security number
Previous addresses and income/tax information (if required)
Payment Schedule for 2025
Once your application is approved, payments will be issued according to the following schedule:
March 20, 2025: For applications approved by March 12
April 17, 2025: For applications approved by April 9
May 15, 2025: For applications approved by May 7
Monthly Payments: Payments will continue monthly for new applications.
How Much Will You Actually Receive?
In 2025, eligible Alaskans will receive:
$2,634 for the Permanent Fund Dividend (PFD)
$650 for the Energy Relief Payment
Total: $3,284 per person
For a family of four, this could mean up to $13,136 in total, providing significant financial support, especially for those living in rural or remote areas where living costs can be much higher.
Tax Implications of the 2025 Stimulus
Both the PFD and Energy Relief Payment are considered taxable income at the federal level, though Alaska does not have a state income tax. Residents will receive a Form 1099-MISC in January 2026 from the Alaska Department of Revenue, which must be filed with their federal tax return.
Common Mistakes to Avoid When Applying
To avoid delays or denials, be careful of the following:
Missing the application deadline
Providing incorrect or outdated personal information (especially bank account or address details)
Failing to document eligible absences from the state
Submitting duplicate applications (which can trigger audits)
Why This Stimulus Matters for Alaskans
The PFD and Energy Relief Payment are crucial for many Alaskans, especially in rural and remote areas where the cost of living can be much higher than in urban centers. For these residents, heating oil, fuel, and groceries often account for 30-50% more than elsewhere in the U.S. This stimulus provides critical support for:
Elderly Alaskans on fixed incomes
Low-income families
Single parents and veterans
Indigenous communities in isolated regions
Additionally, these payments inject hundreds of millions of dollars into the Alaskan economy, benefiting local businesses, school districts, and municipalities.
