An important financial aid is going to come to the citizens of Alaska in 2025, and that too directly from the state government. Under the Permanent Fund Dividend (PFD) program, an amount of $1702 will be deposited in the bank accounts of eligible citizens this year. This economic relief will not only support individual families, but will also strengthen the entire local economy of Alaska. Let us know in detail who will get this amount, how it will be received, and what is the whole process behind it.
What is the Alaska Permanent Fund Dividend (PFD)?
Alaska’s Permanent Fund Dividend program is not a normal government scheme, but it is one of the most unique policies in the world. This scheme was started in 1982 and its original purpose was to share the income from the state’s oil and natural resources among the citizens. Whenever oil, gas or other mineral resources are extracted from Alaska’s land, a large portion of the revenue generated from it is deposited in this fund. This fund has now exceeded $80 billion.

The biggest feature of this fund is that every year a fixed amount is given as a dividend to eligible Alaska residents. This is not only an economic benefit, but it also reflects the recognition of the Alaska government that citizens have a right over the natural wealth of the state.
$1702 is being received in 2025 – what is its importance?
In the year 2025, the state government has announced that an amount of $1702 will be provided to eligible citizens under Permanent Fund Dividend. This amount will be given to those who applied in 2024 and whose application status is recorded as “Eligible – Unpaid“. With this announcement, millions of citizens have got hope of relief, especially at a time when inflation and economic pressures are constantly increasing.
The direct objective of this dividend is not only to provide financial assistance to the citizens but also to bring positive change in the use of local business, education, health and basic services. A family of four eligible members can receive a total of up to $6,800, which can be a strong financial boost for any household.
Eligibility Criteria – Are You Eligible for This Amount?
If you want to know whether you are eligible for this payment or not, there are some clear and strict rules for it. Read the list below carefully:
- Permanent Residence: You must have been a permanent resident of Alaska during the entire calendar year 2023. You must not have moved to another state or country for a long period of time in between.
- Absence Limit: You must not have been out of Alaska for more than 180 days in 2023. There may be some exceptions in some special circumstances, but this limit generally applies.
- No citizenship of another state: You must not have claimed residency or received benefits in another state or country.
- Criminal Record: You must not have had any felony convictions and must not have been in prison during 2023. If a person has been convicted of serious crimes, he will be deprived of this benefit.
Only those who fulfill all these conditions will be considered eligible for this dividend.
Payment date and process—when and how will the money be received?
The state government has clarified that the payment will be made in a phased manner. According to the schedule released by the Alaska Department of Revenue:
- Those whose status is “Eligible – Not Paid” as of August 13, 2025, will be paid on August 21, 2025.
- Applicants who are in eligible status by September 3, 2025, will receive the amount on September 11, 2025.
- Those who are eligible by September 18, 2025, will get payment on October 2, 2025.
- Those whose status is suitable by October 13, 2025, will be paid on October 23, 2025.

This payment will be deposited directly into your bank account, provided you have provided the correct details and submitted the required documents on time.
How to check application status?
If you have already submitted the application and want to know what your status is, then for this you have to visit the official website of Alaska PFD and use the “myPFD” portal. Through this portal you can do the following:

- You can check the current status of your application—“Under “Review,” “Eligible—Not Paid,” or “Paid.”
- If you applied online, you can update your address or bank account details.
- You can get information about any error and make the necessary corrections.
It is very important to ensure that your application information is complete, accurate and updated so that the payment is received without any delay.
Will this amount decrease in the future?
According to the information received so far, the PFD amount to be received in 2026 is likely to be around $1000. The main reason for this is the decline in revenue from oil and gas in the state. The government has recommended a reduction in this amount due to budget constraints. Although it is not final yet, the amount of $1702 for 2025 may prove to be a better deal.
Conclusion:
This program of PFD is not just a financial benefit, but it is direct proof of Alaska’s citizen-centric thinking and concept of social justice. When the government distributes its resources among the public, it becomes a true example of democracy and justice.
If you are a permanent resident of Alaska and meet all the eligibility conditions mentioned above, then this $1702 is for you. Visit the myPFD portal today to check your status, update the details and avail yourself of this benefit on time.
FAQs
Q. Who is eligible to receive the $1,702 PFD payment in 2025?
A. To qualify, you must have been a resident of Alaska for the full calendar year 2023, with no felony convictions, and not have claimed residency elsewhere.
Q. When will the $1,702 payments be distributed?
A. Payments will be made in phases starting August 21, 2025, based on application status. The final round is scheduled for October 23, 2025.
Q. How can I check my PFD application status?
A. Visit the official myPFD portal, log in, and review your current application status and update any contact details if necessary.
Q. What if I submitted my application in 2024 or earlier?
A. If your 2024 (or prior year) application is marked as “Eligible – Not Paid” by the scheduled dates, you will receive your payment accordingly.
Q. Will the PFD payment amount be the same in 2026?
A. No. The Alaska Legislature has approved a reduced payment of around $1,000 for 2025 applicants (payable in 2026) due to lower oil revenues.