$1,702 September Stimulus Checks: In 2025, Alaskans can expect some financial relief thanks to the state’s Permanent Fund Dividend (PFD) program. Eligible residents will receive a combined stimulus payment of $1,702, distributed in two parts—one in May and another in October. This payment is derived from the state’s oil revenues and represents the state’s way of sharing its wealth with the people who live there.
What is the Alaska Permanent Fund Dividend (PFD)?
The PFD program dates back to 1976, when the state of Alaska decided to save a portion of the income generated from its natural resources—particularly oil. The Alaska Permanent Fund Corporation (APFC) manages these savings, investing the money to grow it over time. A portion of the earnings from these investments is then distributed to eligible Alaskan residents annually, making it a unique way for the state to share its wealth with its people.
How Much Will Residents Receive in 2025?
While the exact amount for 2025 hasn’t been officially confirmed, it’s expected that the payout will mirror 2024’s total—$1,702. In 2024, the payout included regular dividends of $1,403.83 along with an energy assistance bonus of $298.17. This financial relief continues to signal the health of Alaska’s economy and its ability to support residents.
2025 PFD Payment Schedule
Here’s a quick rundown of the payment dates based on your application status:
- Eligible-Not Paid as of April 9, 2025: Payment on April 17, 2025
- Eligible-Not Paid as of May 7, 2025: Payment on May 15, 2025
- Eligible-Not Paid as of June 11, 2025: Payment on June 18, 2025
If you’re in “Eligible-Not Paid” status before these dates, your payment will arrive within the same month.
Eligibility for PFD 2025
To qualify for the PFD, residents must meet certain conditions:
- Residency Requirement: You must have lived in Alaska for the entire year of 2024 and plan to make the state your permanent home.
- Physical Presence: You need to have spent at least 72 consecutive hours in Alaska during either 2023 or 2024.
- Absence from the State: If you were outside of Alaska for more than 180 days, your absence must fall under one of the following acceptable reasons: education, medical treatment, or military service.
- Felony Convictions: If you were convicted of a felony (or multiple misdemeanors) in 2024, you won’t be eligible for the PFD.
- Application Requirement: Both adults and children must apply separately, and if you have a driver’s license or REAL ID from another state, it may affect your eligibility.
How to Apply for PFD 2025
Applying for the PFD is a straightforward process. Just follow these steps:
- Visit the official website: pfd.alaska.gov
- Log in or create a new account via myAlaska.
- Complete the application form, which will ask for basic details like your name, address, and bank information, along with proof of residency.
- If you were temporarily out of state, ensure you upload the relevant documentation.
- Submit your application before the deadline—April 2025.
Common Application Mistakes to Avoid
To ensure your PFD benefits are processed on time, be mindful of these common errors:
- Missing the application deadline
- Providing incorrect bank or mailing information
- Failing to mention time spent outside of Alaska
- Not submitting required residency documentation
What Happens If You Miss the Deadline?
Unfortunately, if you miss the April 2025 deadline, there’s no second chance. Late applications are not accepted, so you’ll have to wait until the next year.
Is the PFD Payment Taxable?
Although Alaska doesn’t impose any state taxes on the PFD, it’s considered taxable income by the IRS. Be sure to include it in your 2025 tax filing, and you can even adjust your tax withholding if you’d like to avoid any surprises come tax season.
Why is This Payment Important?
For many Alaskans, the PFD serves as a vital source of financial support. From household bills to education and medical expenses, this payment helps make life a little easier, especially during the colder months when energy usage is high. More than just a financial cushion, the PFD gives residents a direct stake in the state’s prosperity, offering them a tangible share of the natural wealth generated by Alaska’s resources.
Conclusion
For Alaskans, the $1,702 PFD payment in 2025 will be an important financial boost, especially if you meet all the eligibility requirements and submit your application on time. It’s a great way to benefit from the state’s natural resources, and with the right planning, it could provide significant support for your household.
FAQs
1. What is the $1,702 stimulus check in June 2025?
The $1,702 check is the Alaska Permanent Fund Dividend (PFD) payment, which includes both the regular dividend and an energy assistance bonus.
2. When will the June 2025 payments be made?
The June 2025 PFD payments will be issued on June 18, 2025, for applicants who were in “Eligible-Not Paid” status by June 11, 2025.
3. Is this part of a federal stimulus package?
No, the PFD is a state program funded by Alaska’s oil revenue, not part of a federal stimulus.
4. Can new applicants still apply for the June $1,702 check?
No, the application deadline was in April 2025. Only timely applicants will receive the payment.
5. Is the $1,702 amount fixed for all residents?
Yes, all eligible residents will receive the same amount: $1,702, which includes both the base dividend and the energy assistance bonus.