$1,702 Stimulus Payment for All – Full June 2025 Payment Schedule

In 2025, Alaska residents can expect a helpful financial uplift through the Permanent Fund Dividend (PFD) program. Eligible individuals will receive $1,702 split into two payments—one in May and the second in October. This initiative reflects the state’s commitment to sharing oil-related revenue with its residents.

Understanding the PFD Program

The Alaska Permanent Fund was established in 1976 to preserve and grow the state’s oil income for future use. It is managed by the Alaska Permanent Fund Corporation (APFC), which invests the money in a diverse portfolio that includes global stocks, real estate, and bonds. Each year, part of the fund’s earnings is paid out to Alaskans in the form of the PFD.

Payout Amount for 2025

For 2025, the total PFD is $1,702 per eligible person. This consists of two parts: the regular dividend of $1,403.83 and an energy relief payment of $298.17.

These amounts are based on the performance of the fund in the previous year, and while subject to slight adjustments, these figures are the expected total.

Who Qualifies for the 2025 PFD

To receive this year’s PFD, residents must meet the following: live in Alaska for all of 2024, state intent to stay permanently, and have been physically present in Alaska for at least 72 hours during 2023 or 2024.

Those who were outside the state for more than 180 days must show valid reasons, such as education, military service, or medical care. Also, anyone with a felony or repeated minor offenses in 2024 will be disqualified.

Each applicant, including minors, must apply individually. Holding a REAL ID or license from another state may raise eligibility concerns.

How to Apply for the PFD

The application process is simple and can be done online. Visit pfd.alaska.gov, log in or register for a myAlaska account, and fill in personal, residency, and banking details.

If you were outside the state temporarily, include relevant documentation. Applications must be submitted by April 2025. Late submissions are not accepted.

PFD Payment Schedule

Your payment date depends on when your application status is updated. Here’s how the timeline looks:

• If your status is updated by April 9, expect payment on April 17
• Updated by May 7, receive funds on May 15
• Updated by June 11, payment will be made on June 18
  Make sure your application shows “Eligible-Not Paid” by the listed dates to receive your money.

Avoid These Common Mistakes

Several errors can delay or cancel your payment. Common issues include missing the application deadline, providing wrong bank details, not reporting time spent out of Alaska, or failing to upload required documentation. Double-check your application to avoid these problems.

Tax Implications

Although Alaska does not tax the PFD, the IRS considers it taxable income. If you’re required to file federal taxes, include the $1,702 in your 2025 return. Planning for this can help you avoid unexpected tax payments.

What If You Miss the Deadline?

Missing the April deadline means you’re out of luck for 2025. There are no exceptions for late applications, and you’ll have to wait until the next cycle in 2026 to apply again.

FAQs