$1,702 Stimulus Payment Set to Arrive on June 18, 2025- Check If You’re a Beneficiary

The Permanent Fund Dividend (PFD) is a one-of-a-kind financial benefit provided to Alaska residents. It is funded through the state’s oil and gas revenue, serving as both a direct financial assistance program and an economic stimulus for the population.

The PFD for 2025 has been approved at $1,702 per eligible resident, marking a 30% increase from the previous year.

This payment is split into two components: a regular dividend of $1,403.83 and an additional $298.17 bonus designed to help offset Alaska’s high energy costs.

Key Information About the 2025 PFD

The Alaska Permanent Fund Corporation, responsible for managing these funds, will distribute the payments based on each applicant’s status. Those who are listed as “Eligible – Not Paid” before June 11, 2025 will receive their payment on June 18, 2025.

Who Qualifies for the 2025 Alaska PFD?

The Permanent Fund, established in 1976, was created to manage Alaska’s oil revenue and ensure the benefits are shared directly with the state’s residents.

This program not only provides financial assistance but also stimulates the local economy by encouraging domestic spending and investment. The PFD has a significant role in supporting Alaska’s economic growth.

To be eligible for the 2025 PFD, applicants must meet the following criteria:

• Residency: Applicants must have been a resident of Alaska for the full calendar year before applying, with an intent to remain indefinitely.
• Physical Presence: Applicants must have lived in Alaska for at least 72 consecutive hours in the past 24 months.
• Criminal Record: Applicants should not have been imprisoned for a serious crime in the past 12 months.

How to Apply for the Alaska Permanent Fund Dividend

To receive the 2025 PFD, eligible residents must apply before the annual deadline of March 31. The application period for the 2025 PFD was open from January 1 to March 31, with online applications or mailed forms accepted until April 1 to confirm eligibility for that year’s payment.

The PFD plays a vital role in Alaska’s economy, not just by providing residents with extra income but also by encouraging local economic activity. With more disposable income, residents tend to spend more locally, which boosts businesses and creates jobs. This ripple effect benefits Alaska’s economic well-being.

The Alaska Permanent Fund Dividend is an important financial benefit for residents, reflecting the state’s commitment to equitably distribute the wealth generated from its natural resources.

By directly benefiting the people of Alaska, it supports both individual financial well-being and overall economic growth.

As the 2025 payment date nears, Alaska residents can look forward to a significant boost in income, helping to alleviate some of the financial pressures that come with living in a high-cost state.

FAQs

How much is the 2025 PFD?

The 2025 PFD for Alaska residents has been approved at $1,702 per eligible person, which includes a regular dividend and an additional bonus.

When will I receive my 2025 PFD payment?

If your status is marked as “Eligible – Not Paid” by June 11, 2025, your PFD payment will be issued on June 18, 2025.

What are the eligibility requirements for the 2025 PFD?

To qualify for the 2025 PFD, you must have lived in Alaska for the entire previous year, been physically present for at least 72 hours in the past 24 months, and have no serious criminal convictions in the last 12 months.