$1,702 Relief Payments Announced for 2025 – Who Will Get Paid

What is Alaska Permanent Fund Dividend (PFD)?

Every year, the residents of Alaska receive a special amount from the government, which is called Permanent Fund Dividend or PFD. In the year 2025, this amount is $1,702 per person, which is given from the state’s oil and gas earnings. This is not a government aid (welfare) or federal stimulus check, but it is like the share that the people of Alaska get on the earnings from the state’s natural resources.

Where does this money come from?

In 1976, the Alaska government created a plan called “Permanent Fund”. Its purpose was that when the state earns from oil, a part of it should be saved for the future. Every year a small part of it is distributed among the people from this fund. This is called PFD.

Why is this money important?

Alaska is a unique state. There are many villages and towns here where there are neither roads, nor good hospitals or colleges. Food and fuel are very expensive, because everything is sent by air or boat. In such a situation, PFD comes as a big relief.

For example:
A family that needs thousands of dollars worth of heating oil every year to keep the house warm can easily manage its expenses with this money.

Many families use this money to pay children’s school fees, medical travel or buy things for winter.

Who are eligible for this dividend in 2025?

There are some conditions to take advantage of this scheme. Let us understand them in simple language:

Essential conditions:

• Must be a US citizen or legal permanent resident (green card holder).
• Must live in Alaska for the entire year 2024.
• You must consider Alaska as your permanent home – that is, you have to live here in the future.
• You must not have declared yourself a resident of another state or country.
• You must not have been in prison in 2024 and must not have been convicted of a felony.

If you have been away from Alaska, the time must not exceed 180 days, except for the following valid reasons:

• Military service
• Serious medical treatment
• Education (college, etc.)
• Job travel (but under certain conditions)

Note: If you have been away for more than 180 days, you may still be eligible under certain circumstances, but different documentation and evidence will be required.

How to apply for 2025 PFD?

Application dates:

Applications can be made from June 1 to July 31, 2025.

How to apply:

Apply online:

Visit the website: pfd.alaska.gov

Here you will have to fill out a form and upload the required documents.

Apply via paper form:

You can get the form from the state office and submit it after filling it.

Apply for children:

For children under the age of 18, their parent or legal guardian will have to apply.

There will be a requirement for a birth certificate of the child and proof of relationship with the parent.

Late submission will be allowed only on emergencies such as diseases or natural calamities, other than that, one will simply have to wait a year to apply on the next given time.

When will you get money in 2025? (Payment Schedule)

As soon as your application is approved, payments are made in batches. That is, everyone does not get it on the same day. Below is an estimated timetable:

Application Status	Estimated Payment Date
Approved by mid-July	Paid in late August
Approved in August	September through October
Delayed Approved	November through December 2025

Tip:
If you want the money sooner, choose direct deposit. This will avoid delays in checks.

Is this dividend taxable?

Yes, but only at the federal level.
When you receive the PFD, you will receive a Form 1099-MISC.

You will need to report this amount on your federal income tax return.

The state of Alaska does not tax PFDs.

What is the difference between a PFD and a federal stimulus?

Features	Alaska PFD	Federal stimulus
Source of funding	Alaska oil and gas revenue	US federal government
Eligibility	Based on Alaska resident	Income and tax status
Taxable?	Federal tax	Usually not applicable
Frequency	Once a year	Or occasionally

How to make the best use of this money?

If you’re wondering how to use this money most wisely, try the 50/30/20 budget rule:

• 50% – Necessities: rent, groceries, heating oil
• 30% – Personal expenses: travel, holidays, gifts for children
• 20% – Savings or paying off debt

How do people in rural areas use this money?

• Stocking up on wood, oil and food for the winter
• Paying for children’s school or college expenses
• Medical travel, such as going to Anchorage or abroad for treatment

What impact does this plan have on Alaska?

Billions of dollars flow through Alaska’s economy each year just because of the PFD. This boosts sales at local stores, gives people some financial relief and provides some relief from heavy winter expenses.

But…
Some politicians and people believe that a part of this fund should be spent on schools, hospitals or roads. This debate goes on every year. At present, the entire dividend is being received by the people.

Frequently Asked Questions (FAQs)

1. What is the last date for 2025 PFD?
   31 July 2025. Late application will be accepted only in case of emergency.
2. Can I apply for my child?
   Yes. For children below 18 years of age, parents or other parents can apply for the child. Parents have to apply.
3. Do I have to live in Alaska for the entire year?
   Yes. You must live in Alaska for the entire 2024 year to be eligible for the 2025 PFD.

Finally

If you live in Alaska, this dividend can be a great opportunity for you and your family. Applications must be made within the appropriate time frame, with authentic information duly supplied. Use it with care: be it for winter fuel expenditures or children’s education, this little amount can make a huge difference to you.

But if you have any lingering doubts, feel free to contact either pfd.alaska.gov or your nearest state office for further information.