Every year, Alaska residents receive financial support through the Permanent Fund Dividend (PFD), a unique program that shares the state’s oil and natural resource profits with its citizens. In 2025, the payout is $1,702 per eligible person, offering a vital boost amid rising living costs. Here’s everything you need to know to secure your payment and avoid common mistakes.
What is the Alaska Permanent Fund Dividend (PFD)?
The Alaska PFD was created in 1976 to give residents a share of the state’s resource revenue. Managed by the Alaska Permanent Fund Corporation, the dividend reinforces social equity and helps families manage everyday expenses.
2025 Payment Amount and Breakdown
The $1,702 total consists of:
- $1,403.83 – Standard dividend, based on fund performance.
- $298.17 – Energy Relief Bonus, added to help with rising energy costs.
Payments are typically credited to accounts in October 2025, depending on your application method.
October 2025 Payment Schedule
| Application Type | Payment Date |
|---|---|
| Online (Direct Deposit) – Eligible not paid by Sept 18 | Oct 2, 2025 |
| Paper / Check – Eligible not paid by Oct 13 | Oct 23, 2025 |
Payments may continue into November for late approvals.
Who is Eligible?
To receive the 2025 PFD, you must:
- Reside in Alaska all of 2024.
- Not claim residency in another state or country.
- Have lived in Alaska at least 72 hours in 2023 or 2024.
- Have no felony convictions in 2024.
- Provide valid reasons if away for 180+ days (e.g., school, medical care, military).
- Children must apply individually.
How to Apply
Applying is straightforward online:
- Visit pfd.alaska.gov.
- Log in or create a myAlaska account.
- Fill in personal info, bank details, and residency proof.
- Upload temporary stay documents if needed.
- Review and submit carefully.
Quick Tips:
- Double-check bank info.
- Submit all required documents.
- Apply before the deadline to avoid losing your payout.
Common Mistakes to Avoid
- Missing the application deadline.
- Providing incorrect or incomplete information.
- Using the wrong form for children.
- Forgetting to document temporary absences.
Tax Information
- No Alaska state tax applies.
- The PFD is federally taxable income. Plan your taxes accordingly.
FAQs
Q1: Who qualifies for the $1,702 PFD?
A: Residents who meet Alaska’s residency rules, have no recent felony convictions, and submit a complete application.
Q2: When will payments be sent in October 2025?
A: Direct deposits on Oct 2; paper checks on Oct 23.
Q3: Can I apply if I missed the 2025 deadline?
A: No, late applications are not accepted. You must wait for the 2026 cycle.
Q4: Is the payment taxable?
A: No state tax, but it is taxable federally.
Q5: How can I check my payment status?
A: Log in to the Alaska PFD website to view your application and payment status.
Conclusion
The $1,702 Alaska PFD is more than just financial support—it’s a symbol of the state’s commitment to its citizens. By applying on time, submitting accurate information, and checking your status, you can ensure this vital payment reaches you and your family. Take action now to make the most of this 2025 benefit.