$1,702 Stimulus Checks Arriving in June 2025 – Only Select Individuals Qualify

In 2025, Alaskan residents once again have the opportunity to receive a $1,702 payment from the state’s Permanent Fund Dividend (PFD). Often referred to as a “stimulus check,” this payment is a unique feature of life in Alaska—directly distributing oil wealth to qualifying residents. While the payout is expected to be made in October, the application window and eligibility criteria are active much earlier in the year.

If you live in Alaska, here’s your complete guide to claiming your $1,702 PFD stimulus check for 2025.

What Is It

The Alaska Permanent Fund Dividend is an annual payment issued to eligible Alaskans. Funded by the state’s oil and gas revenues, the PFD serves as a way to ensure that all residents benefit from Alaska’s natural resources. While the amount fluctuates year to year, the 2025 payment is set at $1,702.

Though sometimes referred to as a stimulus check, the PFD is not tied to federal economic policy—it’s a state-run program with its own rules and funding structure.

History

The PFD has been around since 1982, born out of a 1976 constitutional amendment that created the Alaska Permanent Fund. The goal was to preserve a portion of Alaska’s resource revenue for future generations. The fund itself invests in various financial assets, and each year, a portion of the earnings is distributed directly to residents who qualify.

Since its inception, the PFD has become a cornerstone of Alaska’s economic landscape, offering both individual relief and a broader economic boost across the state.

Who Qualifies

Getting the $1,702 check in 2025 hinges on several factors. Here’s what you need to know:

Residency

• You must have been an Alaska resident for the entire calendar year of 2024.
• You must intend to remain a resident indefinitely.

Absence Rules

• You cannot be absent from the state for more than 180 days in 2024, except for approved reasons like:
  • Military service
  • Education
  • Medical treatment

Criminal History

• Individuals convicted of a felony or incarcerated for certain misdemeanors during the qualifying year may be disqualified.

Income

• While there isn’t a strict income cap, past data suggests those earning more than $80,000 (single) or $160,000 (married) may not be eligible, depending on legislative decisions.

Dependents

• Children and dependents can also receive the PFD, as long as they meet the residency and absence rules.

Application

Applying is straightforward but must be done within the designated window:

Application Period	January 1 – June 31, 2025
Payment Date	Expected in October 2025

Step-by-Step Process:

1. Confirm Eligibility
Review residency, absence, and income rules on the official PFD site.

2. Gather Documents
You’ll need:

• Social Security numbers
• Proof of Alaska residency
• Proof of income, if required
• Dependent details (if applying for children)

3. Submit Application
Apply online at the Alaska Permanent Fund Division website.
You can also submit a paper application by mail, though online is faster and easier to track.

4. Wait for Approval
You’ll get a confirmation notice. If accepted, you’ll receive your $1,702 in October, either via direct deposit or check.

5. Prepare for Taxes
The PFD is taxable at the federal level. Be ready to report it on your 2025 tax return in 2026.

How It Helps

The PFD plays a huge role in Alaska’s economy. It helps residents:

• Cover essentials like rent, heating, and food
• Save for emergencies
• Reduce dependence on state aid

In remote areas where work is limited, the PFD can be a lifeline. It also stimulates local economies when people spend their checks on goods and services.

Challenges

While widely popular, the PFD isn’t without its critics. Some argue that funds should support public services like schools and infrastructure instead. Others worry about its long-term sustainability, especially when oil revenues fluctuate. Despite this, the dividend continues to receive strong public support.

Denials

If your application is rejected:

• You can file an appeal directly with the Alaska Permanent Fund Division
• Provide documents supporting your case—proof of residency, absence justification, etc.
• Appeals must be filed quickly, typically within 60 days of the denial notice

FAQs