Headlines in the United States are talking about a new stimulus package worth $1,702 to be delivered in October 2025. It should however be made clear that this sum is not included in any federal stimulus program, but a payment solely to qualified residents of Alaska state. It is known as the Alaska Permanent Fund Dividend (PFD).
This is a fixed income monetary program which offers eligible Alaska citizens a yearly financial benefit. It is during the year 2025 that eligible people are getting a total payment of 1702 dollars. We shall see more clearly what this program is, who will be the beneficiaries, when to apply and how to make payments.
And what is the Alaska Permanent Fund Dividend (PFD)?
Alaska is the single state in the United States where a percentage of oil and natural resource revenues are held in the Permanent Fund. The state government spends this fund through issuing a special dividend to citizens every year.
It was launched in 1976 and since then, eligible Alaska residents have been applying to it annually. It is based on the concept of giving local economic aid and equal distribution of the natural resources in the state.
What is the 2025 payment amount?
The 2025 PFD will be paid at $1,702 per capita. It is made out of two parts:
- Base Dividend – $1,403.83
- Energy Relief Payment – $298.17
- This implies that every qualifying person will get a sum of $1,702.
It is important to note that, such payment is regarded as taxable income by IRS (Internal Revenue Service) regulations. This implies that he/she has to declare it in his/her income tax form. Nonetheless, Alaska state does not impose any tax on it.
Eligibility Criteria
The 2025 PFD applicants are required to have a number of things in mind. We will go into some detail on them:
- Residency Requirement
- The candidate has to spend the whole 2024 calendar year in Alaska.
- It is also required that the person has the intention of staying in Alaska in future.
Physical Presence
- The candidate should also be spending at least 72 hours in Alaska in 2023 or 2024.
- The absences longer than 180 days are only provided with exemptions in case of limited and valid reasons.
- Felony Conviction Rule
- The payment will not be allowed to an applicant with a felony in Alaska in 2024.
Application Period
- The deadline to apply was January 1- March 31, 2025.
- Those applications received after this date are not considered.
- Where and at what time will payments be made?
- Alaska government has resolved to divide this payment in installments.
- Payments to early filers started taking place in September 2025.
- The rest of the eligible residents will receive payments in October and November 2025.
- Direct Deposit payments are being made directly to the bank accounts.
Important things to know
- Not a federal stimulus
- This plan is an Alaska-only plan.
- It would be wrong to confuse it with the federal stimulus package that is applicable across the United States.
- No time out on late comers.
- The ones which are not applied before March 31, 2025, will not receive this year payment.
- Online Checking of the Application status.
- The status of those who have applied can be checked through myAlaska Portal.
- Beware of Fraud
- The government has cautioned that individuals are not to trust any fake calls, emails or messages.
- The payments will be made only in the official way.
Why is the PFD important?
The coldest and most difficult to reach state of America is Alaska. Living expenses are high in this state, compared to other states.
- Living costs such as energy bills, to daily needs cost people a lot of money.
- In this regard, the yearly PFD payment is a relief to citizens.
- It is not merely a financial contribution, but a sort of social contract between the state and the people, it is a distribution of the gains of natural resources equally.
A Final Word on the 2025 PFD
The 2025 Alaska Permanent Fund Dividend (PFD) is equal to $1,702, to be paid to qualified residents of the state during October and November 2025. It is not one of these federal programs, but is the special program of Alaska.
Individuals who have applied in good time and have fulfilled all the requirements will get this years payment. This program offers economic empowerment to the Alaskans and it is the bright ray of fairness in distributing natural resources.
Conclusion
The Alaska Permanent Fund Dividend (PFD) of 1702 in 2025 not only hails as a relief to the residents of Alaska, but also a sign of the significance of the equitable distribution of the revenues of natural resources. This is not a federal stimulus package to the whole United States, but only Alaskans who are eligible are entitled to it. This payment will allow the residents who are timely in their applications and satisfy all the eligibility criteria to access it.
FAQs
Q1. What is the $1702 Stimulus Check in 2025?
The $1702 payment refers to the Alaska Permanent Fund Dividend (PFD) for eligible Alaska residents in 2025. It is not a federal stimulus check for all U.S. citizens.
Q2. Who is eligible to receive the $1702 payment?
Only permanent residents of Alaska who meet the residency and application requirements are eligible for the 2025 PFD payment.
Q3. Is this payment available to all U.S. citizens?
No. The $1702 payment is specific to Alaska residents and not a nationwide stimulus check.
Q4. When will the $1702 stimulus checks be distributed?
The payment dates are announced by the Alaska Department of Revenue. Typically, payments are made in October each year.
Q5. How do I apply for the Alaska PFD?
Eligible residents must submit an online or paper application through the Alaska Permanent Fund Dividend Division, usually between January and March.
