In 2025, Alaskans are receiving a $1,702 stimulus payment through the Alaska Permanent Fund Dividend (PFD) program. Designed to share the state’s oil wealth with residents, this payment is a combination of the regular annual dividend and an energy relief bonus.
Payments are being distributed in two rounds, with the first in May and the next in October.
Here’s everything you need to know about the payment schedule, eligibility criteria, application process, and potential mistakes that could delay your check.
What Is the Alaska Permanent Fund Dividend (PFD)?
Established in 1976, the Alaska Permanent Fund was created to preserve and invest oil revenue for future generations.
Managed by the Alaska Permanent Fund Corporation (APFC), this fund now invests globally in stocks, bonds, and real estate.
Each year, a portion of the fund’s earnings is distributed to eligible residents. The payment, known as the Permanent Fund Dividend (PFD), helps Alaskans offset living costs—especially with rising energy prices in remote regions.
How Much Is the PFD Payment in 2025?
In 2025, the total payment is $1,702 per eligible resident, broken down as follows:
| Component | Amount (USD) |
|---|---|
| Regular Dividend | $1,403.83 |
| Energy Relief Bonus | $298.17 |
| Total Payout | $1,702.00 |
This amount is based on the fund’s earnings from 2024, adjusted for the state’s economic climate and oil revenues.
Who Is Eligible for the $1,702 Stimulus Payment?
To qualify for the 2025 PFD, you must meet the following eligibility requirements:
- Residency: Must have lived in Alaska all of 2024.
- Intent: Declare intent to remain an Alaska resident permanently.
- Presence: Be physically present in Alaska for at least 72 hours in 2023 or 2024.
- Absence Exception: If you were out of state for over 180 days, you need a valid reason such as military duty, medical treatment, or education.
- Criminal History: No felony convictions or multiple misdemeanors in 2024.
- Application: Each individual, including children, must apply separately.
Important: If your official ID is from another state, your eligibility may be challenged.
How to Apply for the Alaska PFD
The application process is simple and entirely online:
- Visit the official portal: pfd.alaska.gov
- Log in or create a myAlaska account.
- Submit personal information, proof of residency, and banking details.
- If temporarily out-of-state, attach documents justifying your absence.
- Deadline: Submit by April 2025 — no late applications accepted.
When Will You Get Paid?
Payments are disbursed based on when your application status becomes “Eligible-Not Paid”. Below is the official payment schedule:
| Status Update Date | Payment Issued On |
|---|---|
| April 9, 2025 | April 17, 2025 |
| May 7, 2025 | May 15, 2025 |
| June 11, 2025 | June 30, 2025 |
Make sure your application is marked “Eligible-Not Paid” by the corresponding cut-off dates to ensure timely payment.
Common Mistakes That Delay Payments
Avoid the following to prevent delays or disqualification:
- Late applications after April 2025
- Incorrect banking information
- Failing to report extended out-of-state travel
- Incomplete or missing documentation
Every detail matters—review your application thoroughly before submission.
Is the PFD Taxable?
Yes. Although Alaska does not tax the PFD, the IRS considers it taxable income. This means:
- You must report it on your 2025 federal tax return.
- If your overall income exceeds IRS thresholds, you may owe taxes on this payment.
- Consider setting aside a portion to avoid tax-time surprises.
What If You Missed the Deadline?
Unfortunately, no late applications are accepted for the PFD. If you missed the April 2025 deadline:
- You won’t receive the $1,702 payment.
- You must wait until the 2026 application cycle.
- There are no appeals or extensions granted.
The $1,702 stimulus payment in Alaska via the 2025 Permanent Fund Dividend offers a meaningful boost to eligible residents. From helping cover basic needs to reflecting Alaska’s oil wealth-sharing model, this dividend is a crucial support system.
By understanding the eligibility rules, applying on time, and avoiding mistakes, residents can ensure they receive their payment smoothly in May or June, and again in October.
FAQs
What is the 2025 PFD amount?
The 2025 Alaska PFD totals $1,702, which includes a $1,403.83 base payment and a $298.17 energy relief bonus.
When is the PFD application deadline?
Applications must be submitted by April 2025. No late submissions are allowed under any circumstances.
Who qualifies for the 2025 PFD?
You must be an Alaska resident for all of 2024, intend to stay permanently, meet presence requirements, and have a clean record.
