Thousands of Alaska residents are preparing to receive a significant financial boost. The state plans to distribute the $1,702 stimulus payment as part of its well-known annual Permanent Fund Dividend (PFD) program.
This initiative, which is unique in the United States, directs a portion of Alaska’s oil revenues to its citizens and has been in place since the early 1980s, making it one of the country’s oldest state financial assistance programs.
This annual distribution is more than just a “stimulus” for the local economy; it is also a right for nearly 600,000 residents who directly benefit from the state’s natural resources. The system ensures equitable resource distribution and serves as a pillar of support for many families.
What are the dates for the $1,702 stimulus payment?
Alaskan state officials have confirmed the exact dates for these important deposits. If your application meets the requirements, keep an eye on the following dates:
July 17, 2025: For all those whose 2024 or earlier PFD applications were in “Eligible – Not Paid” status until July 9.
August 21, 2025: For eligible applications that, for some reason, have not yet been paid by August 13.
What requirements must you meet to claim the July 2025 payment?
Alaska residents must meet specific eligibility criteria to receive the $1,702 benefit, which will be distributed in 2025. If you want to claim this payment, here are the necessary requirements:
Continuous residency: You must have lived in Alaska for the entire calendar year 2023. This means that your physical presence in the state was uninterrupted throughout that period.
Not claiming foreign residency: It is essential not to have claimed residency or received any benefits from another state or country since December 31, 2023.
Clean legal history: Applicants must have a legal record with no felony convictions. In addition, they must not have served a prison sentence for any felony or misdemeanor in the last year.
Absence limits: You must not have been absent from Alaska for more than 180 days during 2023. This criterion ensures that the beneficiary maintains a substantial connection with the state.
