In June 2025, many people living in Alaska will receive a $1,702 stimulus check through the Permanent Fund Dividend (PFD) program. This money comes from the state’s oil profits and is meant to help with the high cost of living. Alaska is one of the most expensive places to live in the U.S., so this payment is a big help to many families.
Let’s understand what this payment is, who can get it, and when it will arrive.
What Is the $1,702 PFD Stimulus Check?
The $1,702 check is not from the federal government. It’s a special payment given only to Alaskans through the PFD program. This program shares oil money with people who live in Alaska.
In 2025, the check includes:
- $1,403.83 from the PFD fund
- $298.17 from an extra Energy Relief Payment (ERP)
This adds up to $1,702. Last year, the payment was $1,312, so this year’s amount is about $400 more. Although it’s less than the highest payment in 2022 ($3,284), it still helps a lot during hard times.
Quick Overview of the 2025 PFD Payment
| Item | Details |
|---|---|
| Program Name | Permanent Fund Dividend (PFD) |
| Managed By | Alaska Department of Revenue |
| Total Payment | $1,702 (PFD + ERP) |
| Payment Date | June 18, 2025 |
| Payment Method | Direct Deposit or Paper Check |
| Application Deadline | March 31, 2025 |
| Must Be Eligible By | May 8, 2025 |
| Official Website | pfd.alaska.gov |
Why Alaska Gives This Payment
The PFD program started in 1976 to let Alaskans share the state’s oil wealth. The Alaska Permanent Fund Corporation manages this money by investing it in:
- Stocks
- Bonds
- Real estate
- Global assets
The payment amount changes every year depending on how well these investments perform. The amount is not decided by politicians.
Who Can Get the $1,702 Payment?
To get the 2025 check, you need to meet certain rules:
- Live in Alaska: You must have stayed in Alaska for all of 2024.
- Plan to Stay: You should plan to live in Alaska forever.
- No Serious Crimes: You cannot have a felony conviction or be jailed for over 30 days.
- Apply on Time: You must have applied before March 31, 2025.
- Not Out Too Long: You cannot be out of Alaska for more than 180 days, except for reasons like military service or education.
- Everyone Must Apply: Even children must have their own separate application.
You must also be marked as “eligible-unpaid” by May 8, 2025, to get your money on June 18. If your application has mistakes, your payment might be delayed.
What Alaska’s Leaders Say
According to Adam Crum, Alaska’s Revenue Commissioner:
“The PFD is a way for Alaskans to get their fair share of the state’s oil and investment earnings.”
This money is like a return on the state’s natural resources. Many families use it to pay for food, rent, heating, or to pay off debts.
What Could Change in the Future?
The amount for 2025 is fixed at $1,702. But the government is still talking about how the program should work in the future. Some ideas include:
- Changing how much money people get each year
- Saving more money for future generations
- Adding income limits or new rules for eligibility
These changes are still being discussed. If you live in Alaska, it’s smart to visit pfd.alaska.gov for updates.
FAQs About the $1,702 Stimulus Check
Q: Is this check considered income and taxable?
A: No, the PFD check is not taxed as federal income.
Q: When will I get the money?
A: Payments will be made on June 18, 2025, if you are listed as eligible by May 8.
Q: Can my kids also get the check?
A: Yes, but each child must apply separately through the same website.
Q: Can I get this money if I left Alaska for a few months?
A: You can still get it if your time outside the state was for approved reasons, like military service or school.
Final Thoughts
The $1,702 Alaska PFD check is a helpful payment for residents dealing with high living costs. Funded through oil profits, it shows how Alaska supports its people by sharing its natural wealth. While the rules to qualify are strict, those who follow them can receive this yearly benefit. It’s important for Alaskans to stay updated about any future changes that could affect the program. For now, if you applied on time and meet all the rules, you can look forward to your payment on June 18, 2025.
