Stimulus Payments are distributed to individuals who have been affected by the high inflation rates. Recently, the state government of Alaska announced new stimulus checks under the Permanent Fund Dividend (PFD). These payments will be given from the revenue produced by the oil and gas trade. The PFD has been operating since 1982 and has been an annual income for those struggling with their economic crisis.
For the coming year 2025, the amount distributed to the individuals under this program is estimated to be $1702. The officials have stated that this amount is a 30% increase when compared with the previous year.
$1702 Stimulus Checks
The state government of Alaska has decided to distribute stimulus payment of $1702 which is generated from the profits collected from the Oil and Gas industry. The PFD program has been operating since 1982, which help the residents of the Alaska to cover up their additional expenses and reduce the financial pressure from their heads. This year the amount has been divided in two parts: $1,403.83 which is the traditional amount distributed to the residents and a bonus of $298.17. The bonus is a compensation for high energy costs in the state.
This is very helpful for lots of families in Alaska. It helps cover the cost of food, heating and cooling, clothes, and other living expenses. With Alaska being a remote state and having expensive costs of living, this annual payment is unnecessary relief to its residents.
All Alaskans, regardless of age, would have the right to the payment. But people must apply at the proper time and meet the rules. Whether you are new to the state or else didn’t realize you missed it last year, it is important to understand the process, so you don’t forget again and fail to receive your payment.
PFD Stimulus Checks 2025 Overview
| Department | Permanent Fund Dividend (PFD) |
| Article On | $1702 Stimulus Payment |
| Country | USA (Alaska) |
| Eligibility | Permanent Resident of Alaska |
| Amount | $1702 |
| Payment Schedule | Monthly Payments |
| Category | Government Aid |
| Official Website | http://pfd.alaska.gov/ |
Eligibility for the $1702 Stimulus Checks
To be eligible for the stimulus payment below mentioned are the following qualifications are required:
- A tenant of Alaska for at least for a complete year from the date of application.
- Intend to remain a permanent Alaskan resident.
- Must not plan to have residency in alternative state or country
- Must not have been convicted or imprisoned over the past year for certain crimes
- Private information and documents have to be authentic
How to apply for the $1702 Stimulus Checks
- Go to pfd.alaska.gov from Jan. 1 through March 31 of the year and apply online.
- Scroll down until you see Not a Subscriber Get access right now and you will be prompted to log in or create an account if you are not already logged in.
- You must complete every part of the Application that applies to you for example, your answer to questions having biographical information, information about your residency and employment.
- Enter details for children. If you are doing this for your child, then submit your child’s documents also.
- Be sure to digitally sign the form and apply online by March 31.
- Check status, you can verify your payment status at any time through your MYPFD account.
Payment Schedule
The PFD payment is normally distributed in October of the year following the one in which you applied. If you apply in early 2025 and are approved, your payment should arrive in October 2025.
Payment categories:
1. Direct deposit: If you chose to receive your stimulus payment through direct deposit when applying and were accepted early, you should receive the money first.
2. Paper checks: These are mailed several weeks later.
The Alaska Department of Revenue releases the exact payment dates each September, giving residents a heads-up as to when they can anticipate the money.
Latest Update on $1702 Stimulus Checks
The PFD check is appreciated by most families in Alaska. For a lot of families, it is a sort of appreciation for living and working in the state. The extremely high fuel, food, and travel prices in Alaska make this annual sum quite handy. Some people use the money for basic needs, while others save or spend the money on home repairs or school supplies. Just in time for winter months, parents with children receive more in total money.
However, some believe the payment should be higher, particularly when oil prices are strong. Others think the PFD should be off the table for cuts and solely for the people. The payment is generally perceived as a just means for sharing Alaska’s natural wealth with the people who live here.
FAQs
Is the payment of $1,702 a federal stimulus check?
No, it belongs to Alaska’s Permanent Fund Dividend program, not the federal stimulus.
May I apply if I have recently moved to Alaska?
You need to reside in Alaska for a full year before you can apply. So, if you entered that new home in 2025, you could make the application in 2026.
What if I don’t make the March 31 deadline?
You will not be paid the PFD for that year. Then you need to apply again next year, after waiting another year.
Do children receive the $1,702?
Yes, kids who are eligible under the residence and other elements can receive the payment.