In 2025, many Alaskans are set to receive a one-time payment of $1,702 through the state’s Permanent Fund Dividend (PFD) program. Funded by earnings from Alaska’s oil revenue investments, this annual payment provides crucial financial assistance to qualifying residents.
This guide explains everything you need to know about the 2025 PFD—who can get it, how to apply, when payments will arrive, and tax details to remember.
What Is the Alaska Permanent Fund Dividend?
The Alaska Permanent Fund Dividend started in 1976 to make sure Alaskans benefit from the state’s oil profits for years to come. Managed by the Alaska Permanent Fund Corporation (APFC), this program gives out yearly payments from the earnings of its investments to residents who qualify.
For the year 2025, the dividend amount is set at $1,702. This total includes a base payment of $1,403.83 along with an extra $298.17 provided as an energy relief benefit. The additional amount is meant to help residents cope with rising costs in utilities and the overall increase in the cost of living.
Payment Dates
The state has scheduled payments on specific dates. Residents whose applications are approved by April 9 will receive their payments on April 17, 2025. Those approved by May 7 can expect their payments on May 15.
If your application is approved by June 11, then your payment will arrive on June 18. Choosing direct deposit usually results in quicker payment processing compared to paper checks, so electronic payments are highly recommended.
Who Qualifies for the 2025 Alaska PFD?
To be eligible for the 2025 PFD, you must have lived in Alaska for the entire year of 2024 and must also plan to stay in the state permanently. Additionally, you should have been physically present in Alaska for at least 72 consecutive hours at some point during 2023 or 2024. You cannot qualify if you had a felony conviction in 2024 or more than one misdemeanor.
The application window runs from February to April 2025. While most people need to be in Alaska throughout the year, certain exceptions are allowed for people who were away for over 180 days. These include reasons such as receiving medical treatment, attending school full-time, serving in the military, or any other accepted reason listed by the PFD office.
Each person in a household, including children, must complete their own application to receive a payment. It’s also important to note that getting a REAL ID from another state could put your Alaska residency at risk, which might make you ineligible for the PFD.
How to Apply for the $1,702 Payment
Applying for the 2025 PFD is easy. Start by going to the official website at https://pfd.alaska.gov. You’ll need to log in using your myAlaska account. If you don’t have one, you’ll need to create it first.
After logging in, complete the application by providing proof that you lived in Alaska during 2024. You’ll also need to enter your bank information if you want to receive your payment through direct deposit. If you were out of the state for an extended time, be sure to include documents that explain why.
Make sure you submit your application before the deadline in April 2025. If you can’t apply online, you can ask for a paper application and send it by mail.
Mistakes That Could Delay or Deny Your Payment
To avoid delays or a denied application, make sure you submit your paperwork before the April deadline. Double-check your banking details to ensure your direct deposit will go through without issues. If you were outside of Alaska for a long time, make sure to provide the correct documentation to explain your absence.
Also, be very careful to enter your personal information accurately. Small errors in your name, date of birth, or other details can cause problems. Remember, no applications will be accepted after March 31, 2025, under any circumstances.
Frequently Asked Questions
Q1: Who can get the Alaska PFD in 2025?
To qualify, you must have lived in Alaska during all of 2024, intend to live there permanently, and not have been convicted of any serious crimes during the year.
Q2: When will I get my 2025 PFD payment?
The first batch of payments, which mostly includes direct deposits, is expected to go out on May 5, 2025. Paper checks will be mailed later in the month.
Q3: How do I apply for the PFD?
You can apply by visiting pfd.alaska.gov sometime between February and April 2025 and filling out the form using your myAlaska login details.
Q4: Will I need to pay taxes on this payment?
Yes, the IRS counts the PFD as taxable income. However, Alaska does not have a state income tax, so you won’t owe anything to the state on this amount.
Jeff Guynn is a passionate home décor blog writer with a keen eye for design and a love for transforming spaces into stylish sanctuaries. With years of hands-on experience in interior styling and a knack for spotting emerging trends, Jeff shares practical tips, creative DIY ideas, and inspiration to help readers create beautiful, functional homes. His writing blends expert advice with a relatable voice, making home design approachable for everyone.