Now, the Alaskians can take a sigh of relief as the much-awaited check of $1,702 is arriving in their bank accounts. To lessen the financial burden, the state and local government keeps on releasing stimulus payment checks for the locals. It not only provides relief to the citizens, but also promotes fair spending habits to cope with the recession.
During the COVID-19 pandemic, the government released the last stimulus payment check; now, Alaska is releasing its payment to individuals across the nation. So, if you are an existing member or part of the Permanent Fund Dividend (PFD), here is the detailed article for you, which entails all the necessary information.
New round of $1,702 checks filling bank accounts
The federal government is all set to release a new round of $1,702 payment checks to individuals, but there has been no official confirmation to date. One of such kinds is all set to release its payment to its citizens, Alaska, which will release payments through its project, which is the Permanent Fund Dividend (PFD).
The Alaska Permanent Fund Corporation manages the PFD, where the citizens share their profits from state reserves of oil and minerals. In 2025, the payment to the eligible Alaskians is $1,702, which is 30 per cent more than the previous year’s payment. Let’s dive into the payment details and everything you need to know—who is eligible, when you will receive it in your account, and how to keep track of the payment.
Alaska PFD Overview:
| Article On | New round of $1,702 checks filling bank accounts |
| Administered by | Alaska Permanent Fund Dividend |
| Origin | Alaska |
| Beneficiaries | Citizens of Alaska for a minimum of one year |
| Payment Amount | $1,702 |
| Payment Date | June 18, June 17, and August 21, 2025 |
| Percentage increase | 30% |
| Category | Government Aid |
| Official website | pfd.alaska.gov |
What is Behind the $1,702 Payments?
The Alaska Permanent Fund Dividend (PFD) is unlike other stimulus payments, which are funded by the revenue from oil and gas. This payment is distributed to those individuals who are Alaska residents and have fulfilled other requirements. The dividend amount varies each year based on the oil prices and the performance of the fund investment.
In 2025, the total fund is $1,702, which includes:
- $1,440: Standard Dividend (annually)
- $262: Energy Relief Bonus
This payment is increased by 30% from the last payment in 2023, which was $1,312.
Who is Eligible for this Payment?
To be eligible for this payment, you must qualify for these requirements:
- Must be a resident of Alaska throughout the calendar year of 2023
- Must not have established residency in other state or country or received residency benefits anywhere since December 2023
- Must not have been incarcerated or convicted during the qualifying period.
- Have been physically present in Alaska for at least 180 days or more in 2023.
Don’t worry if you have missed the application deadline on March 31, 2025; some of the pending applications are still under consideration for the dividend year 2024.
$1,702 Payment for These Groups and Payment Schedule
The Alaska Department of Revenue will release $1,702 payments to these three groups in the upcoming months:
- 2024 or prior dividend applicant whose status is ‘Eligible-not-paid’ by June 11, 2025, will get the payment on June 18, 2025.
- 2024 or prior dividend applicant whose status is ‘Eligible-not-paid’ by June 9, 2025, will get the payment on June 17, 2025.
- 2024 or prior dividend applicant whose status is ‘Eligible-not-paid’ by June 13, 2025, will get the payment on August 21, 2025.
What Steps Should Be Ensured Before the Deposit?
Here are a few steps that you need to ensure before you receive the deposit smoothly:
- Confirm your information by logging into the Alaska PFD online account and ensuring the account numbers are correct and updated. Any error can delay or reduce your payment.
- Check your mailbox, as you will receive your paper check there. Remember that it could take extra weeks after the official date.
- If your payment is delayed, go to the official website and search for Official Notices.
- Verify Eligibility Status by using the official PFD inquiry tool.
How is this payment important?
$1,702 may seem just a small amount to look after the basic requirements in this era of inflation. But receiving an extra $1,702 is more than just financial assistance as it makes a lot of difference in paying the energy, grocery, and other essential bills.
This payment is much more than a holistic benefit, as it is part of Alaska’s shared wealth model. It is a collective measure of the federal government of Alaska that aimed to assist the residents who most other states have not provided post-COVID-19.
What Steps Should Be Taken If There is a Delay in Payment?
If by August 2025, you haven’t received your payment, here is what you need to follow:
- Verify and cross-check your bank statement or mailbox.
- To view your current status, log in to your PFD online dashboard.
- Get in touch with the Alaska Division of PFD. They can help you with glitches.
Delays often occur due to account discrepancies, a wrong email address, or any missing or outdated documents. These issues can be determined by reviewing your application status.
Final Thoughts
The third consecutive $1,702 payment determines a powerful principle of the federal government of Alaska that the resources and wealth don’t disappear; it is paid back to its own people. Even if you don’t qualify for this payment, don’t dismiss that automatic deposit in July or August—it’s your contribution.
| Official Website | Click Here |
| Homepage | Moyle-Council.org |
