Thousands of Alaskans will receive a $1,702 stimulus payment in May 2025 through the state’s Permanent Fund Dividend (PFD) program. The payment includes both a regular dividend and an energy relief bonus.
What is the Alaska PFD program?
The Alaska Permanent Fund Dividend is a yearly payment funded by the state’s oil revenue. In 2024, the total amount was $1,702—consisting of a $1,403.83 dividend and a $298.17 energy assistance supplement approved by state lawmakers.
Although the 2025 payment has not been finalized, it is expected to be similar.
When will payments be issued?
The next PFD deposits will be distributed on May 15, 2025 to applicants whose status was marked as “Eligible–Not Paid” by May 7. Additional payments will be made on June 18 for applications cleared by June 11.
Who qualifies for the $1,702 payment?
To qualify for the PFD in 2025, applicants must meet the following criteria:
- Alaska residency: Must have lived in the state for the entire 2024 calendar year with intent to remain permanently.
- Physical presence: Must have been physically present in Alaska for at least 72 consecutive hours during 2023 or 2024.
- Absences: Extended absences over 180 days must be for approved reasons, such as education, military service, or medical treatment.
- Criminal status: Applicants with a felony conviction or multiple misdemeanors in 2024 are disqualified.
- Application deadline: All applications had to be submitted by March 31, 2025.
Each eligible resident—including children—was required to apply individually through pfd.alaska.gov.
What else to know
The PFD Division warns that holding an out-of-state driver’s license with a REAL ID could affect eligibility. Residents are encouraged to avoid it unless necessary.
The PFD remains a vital form of financial support for many Alaskan families and will continue as long as the state’s oil revenue fund remains stable.
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