Many Alaskans are preparing to receive $1,702 stimulus checks in June 2025, thanks to the state’s Permanent Fund Dividend (PFD) program. Designed to share the wealth generated from Alaska’s oil resources, this program provides an annual payout to eligible residents. These payments offer essential financial relief, especially for families coping with high living costs and economic uncertainty.
Let’s explore what this year’s payment includes, who qualifies, and when eligible residents can expect their funds.
What Is the $1,702 Stimulus Check in 2025?
The $1,702 stimulus check is part of the Alaska Permanent Fund Dividend (PFD), a program that distributes a portion of the state’s oil revenue to qualifying residents. The 2025 payment includes:
- $1,403.83 from the PFD fund
- $298.17 from the Energy Relief Payment (ERP)
This combined total marks a nearly $400 increase from the $1,312 distributed in 2024. While this amount is less than the record $3,284 paid out in 2022, it still represents a substantial support payment for Alaskan families.
$1,702 PFD Stimulus Payment Overview
| Organization | Alaska Department of Revenue |
|---|---|
| Program Name | Permanent Fund Dividend (PFD) |
| Country | USA |
| Total Payment | $1,403.83 (PFD) + $298.17 (ERP) = $1,702 |
| Payment Date | June 18, 2025 |
| Payment Method | Direct Deposit or Paper Check |
| Category | Government Aid |
| Official Website | pfd.alaska.gov |
Why Does Alaska Offer the PFD?
The PFD was established in 1976 by the Alaska Permanent Fund Corporation (APFC). Its goal is to invest the state’s oil wealth to benefit both current and future generations of Alaskans. Investments include stocks, bonds, real estate, and other diversified assets. The annual PFD payment is based on the fund’s earnings, not fixed government spending, which is why the amount varies each year.
Eligibility for the $1,702 Stimulus Check
To qualify for the 2025 PFD payment, applicants must meet the following criteria:
- Residency: Must have lived in Alaska for the entire prior calendar year.
- Intent to Remain: You must intend to remain a permanent resident of Alaska.
- Criminal Record: No felony convictions or imprisonment for 30+ consecutive days.
- Application Deadline: Must have applied by March 31, 2025.
- Absences from Alaska: Cannot be absent from the state for over 180 consecutive days, unless for qualifying reasons.
- Individual Applications: Each family member, including children, must file a separate application.
Only individuals in an “eligible-unpaid” status as of May 8, 2025, are set to receive payments on June 18, 2025. Errors or omissions in applications may lead to delays.
Public Sentiment & Government Statement
According to Revenue Commissioner Adam Crum, the PFD payment is “a reflection of Alaskans receiving their fair share of the state’s oil and investment earnings.” For over 43 years, this program has served as a unique economic tool for state residents.
Future Outlook for the PFD Program
Although the 2025 benefit is expected to remain around $1,702, some legislators are considering changes to the structure and sustainability of the program. This includes debates over how much of the fund’s earnings should be paid out versus saved for future generations.
Residents are encouraged to monitor official updates on pfd.alaska.gov for the latest announcements.
The Alaska PFD remains one of the most unique and generous state-run programs in the U.S. For qualifying residents, the $1,702 payment in June 2025 offers valuable support, helping cover essentials like food, fuel, and housing. By staying informed and filing on time, Alaskans can continue to benefit from the state’s resource wealth.
FAQs:
What is the $1,702 payment made up of?
It includes a $1,403.83 dividend and a $298.17 energy relief bonus.
When will I receive the stimulus check?
If eligible and approved, you will receive your payment on June 18, 2025.
Do children need to apply for PFD separately?
Yes, every family member, including minors, must file an individual application.