The news that many Alaskans had been waiting for has arrived. The Permanent Fund Dividend (PFD) distribution is on track, and it’s time to be aware of the next benefit dates.
This month, lucky citizens who qualify will receive a $1,702 stimulus payment, a one-of-a-kind initiative that began in the early 1980s and uses a portion of the state’s oil profits to provide economic relief and support the local economy.
It is estimated that approximately 600,000 residents are eligible for this substantial financial benefit. Applicants must have met strict residency requirements, such as living in Alaska continuously in 2023 and having no felony convictions.
Who is eligible for the $1,702 stimulus payment?
To be eligible for the $1,702 stimulus payment, you must meet the following requirements:
People must not have been absent from Alaska for more than 180 days during 2023.
Have been a continuous resident of Alaska for the entire 2023 calendar year.
Not claim residence or benefits in another state or country
Have a clean legal record with no felony convictions.
When is the August 2025 deposit made?
Applications for 2024 and earlier marked as “Eligible – Unpaid” by August 13, 2025, will be processed for payment on August 21, 2025.
How to check the status of my application?
According to the official website, it is recommended to confirm that the address is up to date, and that “if you electronically signed your PFD application, you can log into ‘myPFD’ and update your address online”. This is the step that allows you to check the current status and determine why the payment did not arrive on the estimated date. \
