Residents of Alaska are set to receive a notable financial boost in April 2025 as the state gears up to distribute this year’s Permanent Fund Dividend (PFD). Funded by the revenues from Alaska’s oil and gas, this annual payment is vital for supporting households and invigorating local economies. In 2025, qualifying applicants will receive a total payment of $1,702, which represents a significant 30% increase compared to last year’s amount.
Established in 1976, the PFD program aims to ensure that Alaska’s natural resources directly benefit its residents. These payments not only provide individual financial assistance but also enhance spending power within the state, creating a positive impact on local businesses and communities.
Who Is Qualified for the $1,702 PFD Stimulus Payment?
The payout for 2025 consists of two parts:
- $1,403.83 from the annual Permanent Fund Dividend
- $298.17 in a one-time energy relief payment
Totaling $1,702 for each eligible applicant.
To be eligible, applicants must satisfy several essential criteria:
- Be a full-year resident of Alaska prior to application
- Have spent a minimum of 72 hours in Alaska within the past two years
- Not have had a felony conviction in the past year
- Applicants may also be disqualified if they have multiple misdemeanor convictions since January 1, 1997
These stringent eligibility requirements are designed to ensure that the dividend benefits long-standing residents of Alaska who have strong connections to the state.
Payment Schedule and Deadlines for April 2025
Applicants must submit their PFD forms online at pfd.alaska.gov or by mail by March 31, 2025. Submitting applications on time is essential for receiving the payments as scheduled.
Here’s the schedule for the April distribution dates:
- Individuals with 2024 (or earlier) applications listed as “Eligible – Not Paid” by March 12, 2025, will receive their payment on March 20.
- Applications marked “Eligible – Not Paid” by April 9, 2025, will be paid on April 17, 2025.
Residents are encouraged to regularly check their application status and ensure all necessary documentation is current to prevent any delays.
