Thousands of Alaskans are set to receive a $1,702 stimulus payment in 2025 through the Permanent Fund Dividend (PFD) program. Funded by the state’s oil revenues, this payment offers crucial economic relief to eligible residents each year. Here’s a complete guide to the 2025 PFD, who qualifies, how to apply, payment timelines, and key tax details.
Table of Contents
What is the Alaska PFD?
The Alaska Permanent Fund Dividend was established in 1976 to preserve part of the state’s oil revenue for future generations. Managed by the Alaska Permanent Fund Corporation (APFC), the fund distributes annual dividends to eligible residents based on its investment earnings.
Each year, around 5% of the fund’s market value is paid out to eligible Alaskans. The 2025 PFD amount has been set at $1,702, which includes:
- $1,403.83 base dividend
- $298.17 as a one-time energy relief bonus
Overview
| Key Detail | Information |
|---|---|
| PFD Amount for 2025 | $1,702 |
| Eligibility | Alaska residency, no major felonies, timely application |
| Application Period | February 1 – April 2025 |
| Payment Date | May 5, 2025 (expected) |
| Application Method | Online or paper form via pfd.alaska.gov |
| Tax Status | Taxable by IRS, tax-free in Alaska |
Payment Schedule
If you applied previously and your application is marked as “Eligible – Not Paid,” your payment will be issued on the following dates:
- April 17, 2025 – for eligible applications as of April 9
- May 15, 2025 – for eligible applications as of May 7
- June 18, 2025 – for eligible applications as of June 11
These payments are for the 2024 PFD cycle, but they often overlap with the processing of new applications. Direct deposits are generally issued earlier than paper checks.
Eligibility Requirements
To receive the 2025 PFD, applicants must:
- Be a resident of Alaska for the entire calendar year of 2024.
- Intend to remain in Alaska permanently.
- Have been physically present in Alaska for at least 72 consecutive hours during 2023 or 2024.
- Avoid felony convictions or multiple misdemeanor offenses during 2024.
- Submit the application between February and April 2025.
Absences from Alaska longer than 180 days may be allowed for:
- Medical treatment
- Full-time education
- Military service
- Other allowable exceptions as listed
Each family member, including children, must submit a separate application.
Important: Obtaining a REAL ID from another state may risk your eligibility.
How to Apply for the $1,702 Stimulus Payment
Follow these steps to submit your application:
- Visit the official site: https://pfd.alaska.gov
- Create or log in to your myAlaska account
- Fill out the application with:
- Proof of residency
- Banking info for direct deposit
- Travel/absence documentation (if needed)
- Submit your application before the April 2025 deadline
You may also apply using a paper form if online access is unavailable.
Common Mistakes to Avoid
These errors can lead to denial or delay in receiving your PFD:
- Missing the April deadline
- Entering outdated banking information
- Not documenting long absences
- Applying under the wrong name or with errors in your personal details
Applications received after March 31, 2025, will not be accepted.
FAQs
Q1: Who is eligible for the 2025 Alaska PFD?
A = You must have been a full-year Alaska resident in 2024 and plan to remain indefinitely, with no serious criminal convictions.
Q2: When will I receive my 2025 PFD payment?
A = Most residents can expect direct deposit payments starting May 5, 2025, with later paper check distributions in mid-to-late May.
Q3: How do I apply for the Alaska PFD?
A = Apply online at pfd.alaska.gov between February and April 2025 using your myAlaska account.
Q4: Is the PFD taxable?
A = Yes, it is federally taxable but not taxed by the State of Alaska.
