Alaska residents are set to receive a $1,702 stimulus check in 2025 through the state’s Permanent Fund Dividend (PFD) Program, offering crucial financial support to qualifying individuals and families. This initiative, backed by the Alaska Department of Revenue, is designed to ease financial burdens and ensure a better quality of life—especially for low-income households—by distributing a share of the state’s oil and energy revenue.
$1,702 Stimulus Checks: What You Need to Know
This year’s PFD payment includes two components:
- $1,403.98 – Permanent Fund Dividend
- $298.17 – One-time energy relief rebate
Together, eligible Alaskans will receive a total of $1,702, which represents a 30% increase from the previous year’s payment.
Program Details | Information |
---|---|
Managing Authority | Alaska Department of Revenue |
Program Name | PFD Stimulus Checks |
Year | 2025 |
Total Amount | $1,702 |
Payment Mode | Direct deposit or paper check |
Application Deadline | March 31, 2025 |
Next Payment Date | April 17, 2025 |
Official Website | pfd.alaska.gov |
Purpose of the Alaska PFD Stimulus Checks
Launched by the Alaska Permanent Fund Corporation, established in 1976, the PFD Program aims to distribute a portion of the state’s oil revenue to its residents. The goal is twofold:
- Support low-income families through direct payments.
- Stimulate the state’s economy by encouraging household spending and savings.
These stimulus checks can help cover essentials like food, energy bills, housing costs, and personal savings.
Key Payment Dates and Application Timeline
If you want to receive the 2025 PFD payment, you must submit your application by March 31, 2025.
Here are the relevant payment distribution dates:
Eligibility Status Date | Payment Date |
---|---|
Eligible-Not-Paid as of March 12, 2025 | March 20, 2025 |
Eligible-Not-Paid as of April 9, 2025 | April 17, 2025 |
Applications must be filed through the official portal: https://pfd.alaska.gov.
Who Is Eligible for the $1,702 Stimulus Check?
To qualify for the PFD stimulus check in 2025, applicants must meet all of the following criteria:
- Be a U.S. citizen or permanent resident.
- Have lived in Alaska for the entire previous calendar year and plan to continue residency.
- Have spent at least 72 hours in Alaska during the qualifying period.
- Must not have any felony criminal record.
- Possess a valid Social Security number and provide up-to-date personal details.
These criteria ensure that only legitimate and law-abiding residents benefit from the state’s oil wealth.
Latest Developments
- The 2025 PFD amount of $1,702 marks a notable increase from the previous year.
- Payments will be made via direct deposit or paper checks.
- Eligible residents should ensure all personal information is accurate and updated to avoid delays.
- The program’s official website offers application assistance and further eligibility guidelines.
Don’t Miss the Deadline
With a hard deadline of March 31, 2025, it’s crucial that eligible Alaskans submit their applications on time. Late submissions will not be accepted, and missing the deadline means missing out on nearly $1,700 in direct support.
FAQs:
1. When will residents with «Eligible-Not-Paid» status as of April 9, 2025, receive their check?
They will receive the payment on April 17, 2025.
2. Are individuals with criminal records eligible for the $1,702 stimulus?
No. Individuals with a felony criminal record are not eligible to receive the payment.
3. Which organization manages the oil revenue fund for these stimulus payments?
The Alaska Permanent Fund Corporation, overseen by the Alaska Department of Revenue, manages these funds.