Alaska residents will receive a stimulus-style payment of $1,702 on Wednesday, June 18, 2025, as part of the state’s annual Permanent Fund Dividend (PFD) program. The payment, funded by Alaska’s oil and gas revenues, represents a 30% increase over last year—and could offer welcome relief amid rising costs.
But not everyone qualifies. Here’s what you need to know about eligibility, application status, and when the funds will land.
What is the Alaska PFD?
Alaska pays the Permanent Fund Dividend—its unique form of universal basic income—each year to qualifying residents using a state-run investment fund built on oil and gas royalties.
For 2025, the payout is split into two components:
- $1,403.83 base dividend
- $298.17 energy relief bonus
That totals $1,702 per eligible applicant.
Who gets paid on June 18?
The Alaska Department of Revenue confirms that applicants with 2024 or earlier applications marked “Eligible – Not Paid” as of June 11, 2025, will receive their money on June 18.
Payments are typically made via:
- Direct deposit for those who submitted banking info
- Paper check for others (mailing times may vary)
Residents can check their PFD status at: myPFD
What are the eligibility requirements?
To receive the PFD payment, applicants must meet the following:
- Residency: Lived in Alaska the entire calendar year prior to applying
- Intent: Demonstrate intent to remain an Alaska resident indefinitely
- Presence: Spent at least 72 consecutive hours in Alaska over the last 24 months
- Criminal record: Not incarcerated for a felony in the past year
- Application: Filed by March 31, 2025
Those who missed the deadline are not eligible for the 2025 payment but can apply for 2026 starting in January.
Why this payment matters
While it’s not a federal stimulus, the PFD serves a similar function—injecting cash directly into household budgets and boosting economic activity across the state. Families often use it for essentials, debt repayment, or energy costs during Alaska’s long winters.
In recent years, inflation and housing costs have added urgency to the distribution, making this year’s larger amount a critical form of relief for many.
Key deadlines and tips
- Check your eligibility status on the official PFD website
- Ensure direct deposit info is accurate to avoid delays
- The state may issue the next round of payments for late applications or updates in July
Key Takeaways
- $1,702 PFD payment hits June 18 for approved Alaska residents
- Eligibility requires full-year residency, timely application, and no serious criminal record
- Funds are split into a regular dividend and an energy relief bonus
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