A Big Boost for Alaskans
Alaska is set to send out $1,702 stimulus payments to residents in June 2025 through its Permanent Fund Dividend (PFD) program. This unique program, started in 1976, shares the state’s oil wealth with everyone who qualifies. The payments aim to help families cover living costs, especially as prices for everyday items keep rising. For many, this cash is a welcome relief to pay bills, buy groceries, or save for the future.
How the PFD Works
The PFD program uses money from Alaska’s oil resources to give annual payments to residents. To get the $1,702 payment in 2025, you must meet certain rules. You need to have lived in Alaska for at least one full year before applying and plan to stay in the state. The application deadline for this year’s payment was March 31, 2024. If you missed it, you’ll need to wait until next year’s application period. The state carefully checks each application to make sure only eligible people get paid.
Payment Schedule and Process
Payments are rolling out in stages, with the second stage happening in June 2025. If your application status is “eligible – not paid” by June 11, you’ll likely get your payment this month. The state uses direct deposit for faster delivery, but paper checks are available for those who don’t have bank accounts. Here’s the expected schedule:
Stage | Payment Month | Eligibility Status Deadline |
---|---|---|
First Stage | April 2025 | March 1, 2025 |
Second Stage | June 2025 | June 11, 2025 |
Final Stage (if needed) | August 2025 | July 15, 2025 |
Check your application status on the official PFD website to stay updated.
Who Can Get the Payment?
Not everyone in Alaska automatically gets the $1,702. Here are the main requirements:
- You must be a resident of Alaska for the entire calendar year before applying.
- You can’t have been in jail or convicted of certain crimes during the qualifying year.
- You must plan to live in Alaska permanently.
- Children and adults can both qualify, making it a big help for families.
If you’re unsure about your eligibility, contact the PFD Division directly. They can answer questions about your specific situation.
Clearing Up Confusion
Some news reports have mixed up the PFD with federal stimulus checks, like the $1,750 or $1,400 payments mentioned elsewhere. To be clear, the $1,702 payment is only for Alaska residents through the PFD program, not a nationwide stimulus. Federal programs, like the $1,400 Recovery Rebate Credit, have different rules and deadlines, such as filing your 2021 tax return by June 15, 2025. Always use official sources, like the IRS or Alaska’s PFD website, to avoid scams or wrong information.
Why It Matters
The $1,702 payment shows Alaska’s commitment to sharing its natural wealth with residents. For many families, this money is a lifeline to afford basics like food, heat, or school supplies. Others use it to boost local businesses, helping the state’s economy. As economic challenges continue across the U.S., programs like the PFD stand out as a way to support people directly. If you’re eligible, make sure your application is in order to get your payment on time.
For more details, visit the official PFD website or call the PFD Division. Stay informed and make the most of this Alaskan benefit