If you’re a resident of Alaska, you’re likely familiar with the Permanent Fund Dividend (PFD)—an annual payout that feels like a mini stimulus check. In 2025, the payment is set at $1,702, and thousands of Alaskans will benefit once again. But to claim it, you’ll need to understand the eligibility rules, application process, and what to expect next. Here’s your full guide to getting your share.
What
The Alaska Permanent Fund Dividend isn’t a federal stimulus check. It’s a unique, state-run benefit funded by oil and gas revenues. Essentially, it’s Alaska’s way of making sure residents get a piece of the state’s natural resource wealth. This year’s amount is $1,702—though it changes annually depending on market performance and fund earnings.
History
The PFD has roots going back to a 1976 constitutional amendment. That amendment created the Alaska Permanent Fund, which invests a portion of the state’s oil revenue for long-term growth. Since 1982, the state has used part of the fund’s earnings to pay dividends directly to residents. Over time, it’s become a financial tradition—and a boost to the Alaskan economy.
Qualify
To be eligible for the 2025 PFD, several rules apply:
| Eligibility Area | Requirement |
|---|---|
| Residency | Must be a full-time Alaska resident for all of 2024 |
| Intent | Must intend to stay in Alaska permanently |
| Absence | Cannot be out of state for more than 180 days unless for approved reasons |
| Criminal Record | Felony convictions or certain misdemeanors may disqualify applicants |
| Income | No fixed income cap, but high earners ($80K+ single, $160K+ married) may be excluded |
| Dependents | Children also qualify if they meet the residency and absence rules |
Apply
Applying for the PFD is pretty simple, but don’t miss the window.
| Process Step | Details |
|---|---|
| Application Period | January 1 – June 31, 2025 |
| Payment Date | Expected in October 2025 |
| Apply Online | At the Alaska Permanent Fund Division website |
| Apply by Mail | Paper forms are accepted but take longer to process |
Step-by-step:
- Confirm eligibility
Check the latest requirements on the official PFD site. - Prepare documents
You’ll need your Social Security number, proof of Alaska residency, and dependent info if applying for kids. - Submit application
Online is fastest, but paper forms are also accepted. - Wait for approval
You’ll be notified once your application is processed. Approved applicants receive their money in October, either by direct deposit or check. - Get tax ready
Remember, the PFD is federally taxable. Report it on your 2025 tax return when you file in 2026.
Impact
This $1,702 payment can go a long way. Alaskans often use it to cover heating bills, rent, or stock up on food for the winter. In more remote parts of the state, where jobs are limited and living costs are high, the PFD is a crucial financial tool. It also stimulates the local economy by putting money directly into circulation.
Issues
As helpful as the PFD is, not everyone agrees on how it should be used. Some argue that the money would be better spent on public services like education and infrastructure. Others question whether it’s sustainable in years when oil revenues are down. Still, the public continues to support it, and for now, the program is going strong.
Denial
If your application gets rejected, don’t panic. You have the right to appeal.
- Contact the Alaska Permanent Fund Division
- Submit supporting documents like residency proof or absence justification
- File your appeal within 60 days of receiving your denial notice
Following the steps carefully gives you the best chance of getting approved and receiving your check.
FAQs
When is the PFD payment sent?
The 2025 payment is expected in October.
How much is the 2025 Alaska PFD?
It is $1,702 per eligible resident.
Is the PFD taxable?
Yes, it’s federally taxable and must be reported.
Can children get the PFD?
Yes, if they meet residency and absence rules.
What if my application is denied?
You can appeal within 60 days with proof of eligibility.
