Good news for Alaska residents! A $1,702 stimulus check is available in 2025 through the Permanent Fund Dividend (PFD) program. This initiative provides financial relief by distributing a portion of the state’s oil and energy revenues to eligible residents.
Understanding the eligibility criteria, application process, and payment dates is essential. This guide covers all the key details to help you claim your $1,702 stimulus check without any hassle.
Overview of the $1,702 Stimulus Payment
Feature | Details |
Administered By | Alaska Department of Revenue |
Program Name | Permanent Fund Dividend (PFD) |
Total Amount | $1,702 |
Payment Dates | March 20, 2025, and April 17, 2025 |
Application Deadline | March 31, 2025 |
Payment Mode | Direct deposit or paper check |
Official Website | pfd.alaska.gov |
Breakdown of the $1,702 Payment
The total payout consists of:
- Permanent Fund Dividend: $1,403.83
- One-Time Energy Assistance: $298.17
This combined payment is designed to help Alaska residents cope with financial challenges while boosting local economic activity.
Who is Eligible for the $1,702 Stimulus Check?
To qualify for the payment, applicants must meet these criteria:
- Residency Requirement: Must have lived in Alaska for the entire 2024 calendar year and intend to stay indefinitely.
- Physical Presence: Must have spent at least 72 hours in Alaska within the last two years.
- Legal Status: Must not have been incarcerated for a felony or certain misdemeanors in 2024.
- No Dual Residency Claims: Cannot have claimed residency or received benefits from another state or country since December 31, 2023.
How to Apply for the PFD Stimulus Check
The application period runs from January 1 to March 31, 2025. Follow these steps to apply:
- Visit the Official PFD Website: Go to pfd.alaska.gov to access the application form.
- Complete the Form: Provide accurate personal and residency details.
- Submit Before the Deadline: Ensure submission by March 31, 2025, to qualify.
Applicants can also apply via paper applications, available at designated state offices.
Payment Schedule & Methods
The 2025 PFD stimulus payments will be distributed on these dates:
- March 20, 2025: For applicants with “Eligible-Not-Paid” status by March 12, 2025.
- April 17, 2025: For those with “Eligible-Not-Paid” status by April 9, 2025.
Payments will be made through direct deposit or mailed paper checks. Direct deposit is recommended for faster processing.
Why the PFD Program Matters
The Alaska Permanent Fund Dividend serves multiple purposes:
- Provides Financial Assistance: Helps residents manage daily expenses.
- Boosts the Local Economy: Encourages spending and investment within the state.
- Shares State Wealth: Ensures Alaskans benefit from the state’s natural resources.
This program plays a key role in supporting Alaskan households and maintaining economic stability.
Frequently Asked Questions (FAQs)
1. Who administers the PFD stimulus check?
The Alaska Department of Revenue manages the Permanent Fund Dividend program.
2. Can non-residents apply?
No, only permanent Alaska residents meeting the eligibility requirements can apply.
3. How will I receive my payment?
Payments are made via direct deposit or paper check, based on your preference.
4. What happens if I miss the deadline?
Late applications are not accepted. Ensure you apply by March 31, 2025.
5. How can I check my application status?
You can track your status through the MyAlaska portal.