Thousands of people living in Alaska are about to get a helpful financial boost. The state government is getting ready to send out a $1,702 stimulus payment to eligible residents as part of the Permanent Fund Dividend (PFD) program. This payment comes from Alaska’s oil revenues and is given directly to residents each year.
Started in the early 1980s, this unique program not only supports families but also plays a big role in helping the local economy grow. Around 600,000 residents benefit from this annual dividend and many are now looking forward to the next round of payments in August 2025.
Let’s understand who can get this payment, when it will be sent, and how you can check your status.
What Is the Alaska Permanent Fund Dividend (PFD) Program?
The PFD program is special to Alaska. It takes a part of the money the state earns from oil and gives it back to the people who live there. This helps families cover their expenses and supports the state’s economy by encouraging spending and saving within Alaska.
Every year, the amount changes based on the state’s earnings. For 2025, the confirmed payment amount is $1,702 per eligible resident.
Who Can Get the $1,702 Stimulus Payment?
To qualify for the payment, you need to meet some important rules:
You must have lived in Alaska all through 2023.
Your residency must be continuous without long breaks.
You should not claim residency in another state or country.
That means you cannot receive benefits or claim to live elsewhere.
You must have a clean legal record.
Applicants with felony convictions are not eligible.
You must not have been away from Alaska for more than 180 days in 2023.
Staying in Alaska for most of the year is necessary to get this benefit.
If you meet all these rules, then you’re likely eligible for the payment.
When Will the $1,702 Stimulus Payment Be Sent?
If your application from 2024 or earlier is marked as “Eligible – Unpaid” by August 13, 2025, your payment will be sent out on August 21, 2025.
This date is important, so make sure to check your application status before August 13.
How to Check Your Application Status?
To find out if you will receive the payment:
Visit the official Alaska PFD website and click on the “myPFD” section.
Make sure your address is correct, especially if you applied online. If you signed electronically, you can update your address directly on the website.
This ensures your payment goes to the right place without delays.
The $1,702 stimulus payment from Alaska’s Permanent Fund Dividend is more than just a yearly payout—it’s a vital source of support for many families.
With the payment set to be delivered on August 21, 2025, it’s important for residents to check their eligibility, keep their contact details updated, and stay informed about the status of their application.
If you meet the residency and legal requirements, and your application is marked as “Eligible – Unpaid” by August 13, 2025, you can look forward to receiving this helpful amount soon. Use the funds wisely and make sure you’re prepared well in advance.
