Alaska is giving back—again. More than 600,000 Alaskans are set to benefit from the 2025 Permanent Fund Dividend (PFD), with a $1,702 stimulus payment hitting eligible bank accounts in May and October.
This isn’t a federal stimulus or one-time check—it’s part of a long-standing state program that shares wealth from Alaska’s natural resources with its people.
Let’s unpack what it is, who qualifies, when it’s coming, and why it matters.
Payments
The $1,702 payout in 2025 actually reflects the 2024 dividend. It includes $1,403.83 from the regular PFD and an additional $298.17 as an energy relief bonus approved by the state legislature.
These funds come from Alaska’s oil revenues, which are managed in a constitutionally protected fund—the Alaska Permanent Fund.
While the exact amount for the 2025 PFD hasn’t been announced yet, it’s expected to remain in the same ballpark.
Schedule
If your application for the 2024 PFD was marked as “Eligible – Not Paid” by May 7, 2025, you’re in luck. Your payment will land on May 15. Didn’t make that cut? The next wave comes June 18, covering all applications approved up to June 11. More dates will be announced throughout the year.
Here’s a quick look:
| Payment Date | Eligibility Cutoff |
|---|---|
| May 15, 2025 | Applications approved by May 7 |
| June 18, 2025 | Applications approved by June 11 |
Eligibility
To qualify for the 2025 PFD, you must have been a full-year Alaska resident during 2024. That means living in the state all year with the intent to remain permanently.
There’s also a presence rule—you need to have been physically in Alaska for at least 72 consecutive hours in either 2023 or 2024. Long absences (over 180 days) are only allowed for specific reasons, like:
- Attending school
- Medical treatment
- Military service
Plus, a clean criminal record helps. Anyone convicted of a felony or multiple misdemeanors in 2024 is automatically disqualified.
Don’t forget: the deadline to apply was March 31, 2025. Late applications won’t be accepted, no matter how qualified you are otherwise.
Minors
Yes, kids qualify too! Each Alaskan—regardless of age—must have their own application submitted, either online at pfd.alaska.gov or using the paper form. Parents or legal guardians usually take care of this for minors.
Warnings
The PFD Division issued a key warning: getting an out-of-state driver’s license with REAL ID could jeopardize your eligibility. Why? It may suggest that you’ve moved out of Alaska, even if you haven’t. To stay safe, avoid changing your residency status in any way.
Importance
For many families, this dividend is more than a bonus—it’s essential. With high costs of living in remote areas, the annual PFD helps cover essentials like food, heating, and transportation. It’s a yearly financial boost that many rely on, and it’s unique to Alaska.
As long as the state’s natural resource revenue holds strong, the PFD will continue supporting Alaskans for years to come.
FAQs
How much is the 2025 Alaska PFD?
It’s $1,702 from the 2024 dividend.
When is the next PFD payment?
May 15, 2025, for eligible applicants.
Who qualifies for the PFD?
Alaska residents who lived in-state all of 2024.
Can kids get the PFD?
Yes, each child must apply separately.
Does a Real ID affect eligibility?
Yes, out-of-state IDs may disqualify you.
