For many Alaskans, the news they’ve been waiting for has finally arrived. The Permanent Fund Dividend (PFD) distribution for 2025 is on track, and qualifying residents will receive a $1,702 stimulus payment.
This initiative, which started in the early 1980s, allocates a portion of Alaska’s oil profits to provide financial relief to its citizens and support the local economy.
Who Is Eligible for the $1,702 Stimulus Payment?
To qualify for this significant financial boost, Alaska residents must meet the following strict criteria:
Residency: You must have been a continuous resident of Alaska for the entire 2023 calendar year.
No Residency Elsewhere: You cannot have claimed residency or benefits from another state or country.
Legal Record: You must have a clean legal record with no felony convictions.
Absence Limits: You cannot have been absent from Alaska for more than 180 days during 2023.
Only those who meet all these requirements will be eligible for the $1,702 payment.
Payment Dates and Important Deadlines
For those who have applied and are marked as “Eligible – Unpaid” by August 13, 2025, their payments will be processed and sent out on August 21, 2025. If you qualify, this payment will be a helpful boost to your finances, continuing Alaska’s longstanding tradition of rewarding residents through its Permanent Fund Dividend program.
How to Check the Status of Your Application
To check the status of your application and ensure that your payment is on track, it is essential to verify that your address is up to date.
The Alaska Department of Revenue recommends logging into the myPFD portal to confirm or update your address. If you signed your application electronically, you can easily log in and make the necessary changes online.
If you’ve not received your payment by the estimated date, checking your address on the portal will help identify why, as any address discrepancies could delay your payment.
Don’t Miss Out on Your PFD Payment
Alaska’s Permanent Fund Dividend program has been a valuable source of financial support for its residents since its inception, and the 2025 PFD is no exception.
With the $1,702 stimulus payment arriving soon for qualifying Alaskans, it’s important to ensure your application is complete and your address is current. Keep track of the payment schedule and stay updated on your application status to receive this important benefit.
