In today’s economy, where inflation and rising living costs challenge many households, Alaska is taking a proactive step to support its residents. In 2025, the state is providing eligible citizens with $1,702 through the Alaska Permanent Fund Dividend (PFD) program. This amount is not just financial assistance — it’s a sign that the state is committed to the welfare of its people.
This relief will be distributed in two rounds — one in May 2025 and the next in August 2025 — providing timely help to families managing expenses on a tight budget.
Purpose
The Alaska Permanent Fund Dividend was created in 1976 when the state decided to share a portion of its oil revenue with residents. Managed by the Alaska Permanent Fund Corporation (APFC), the fund invests in global assets like stocks, bonds, and real estate.
The annual dividend ensures that Alaskans benefit directly from state-owned resources, promoting both financial security and social equity.
Amount
In 2025, eligible individuals receive:
- $1,403.83 – Regular annual dividend based on the fund’s 2024 performance
- $298.17 – Energy Relief Assistance due to rising energy costs
Together, this totals $1,702. This additional energy aid is especially helpful during the colder months when heating expenses increase.
Eligibility
To qualify for the PFD in 2025, you must:
- Live in Alaska for the entire 2024 calendar year as a permanent resident
- Be physically present in Alaska for at least 72 consecutive hours in 2023 or 2024
- Have valid reasons for any absence longer than 180 days in 2024 (e.g., medical treatment, education, military service)
- Not commit a serious crime in 2024
- Submit an individual application for each person, including children
- Avoid having an active residence or driver’s license from another state
Application
The PFD application process is simple and entirely online:
- Visit pfd.alaska.gov
- Log in to or create a myAlaska account
- Fill in your personal details, bank account, and proof of residence
- Upload proof for any qualified absence
- Review and submit your form
The application deadline was April 2025. Those with “Eligible-Not Paid” status will receive their payment in August 2025.
Schedule
| Status Approval Date | Expected Payment Date |
|---|---|
| By August 9, 2025 | August 17, 2025 |
| By August 16, 2025 | August 24, 2025 |
| By August 23, 2025 | August 31, 2025 |
Payments are made via direct deposit for faster processing.
Mistakes to Avoid
- Missing the deadline
- Giving outdated or wrong bank details
- Failing to disclose time spent outside Alaska
- Submitting incomplete documents
Even a small error can cost you the entire $1,702 payment.
Tax Impact
Alaska does not tax the PFD, but the IRS counts it as taxable income. If your total yearly earnings are above the taxable threshold, plan ahead to set aside funds for federal taxes.
Missed Applications
If you didn’t apply by April 2025, you cannot claim the payment this year. The program doesn’t accept late submissions — you must wait for the 2026 cycle.
Receiving the $1,702 PFD is more than just getting money — it reflects the shared ownership of state resources. By applying on time and following eligibility rules, residents can make the most of this financial support and ease the pressure of daily expenses.
FAQs
What is the PFD amount in 2025?
It’s $1,702, including regular dividend and energy relief.
When will August 2025 payments be made?
On August 17, 24, or 31, depending on approval date.
Is the PFD taxable?
Yes, it’s taxable at the federal level, but not by Alaska.
Can late applications be accepted?
No, you must wait for the next year’s application cycle.
Do children need separate applications?
Yes, every individual must apply separately, including kids.
