In 2025, many Alaskans are poised to receive a one-time $1,702 payment through the state’s Permanent Fund Dividend (PFD) program. This annual payment, fueled by Alaska’s oil revenue investments, provides vital financial support to qualified residents.
The following guide offers a detailed look at the 2025 PFD—who can receive it, how to apply, when to expect it, and what tax considerations to keep in mind.
Understanding the Alaska Permanent Fund Dividend
The Alaska Permanent Fund Dividend program was launched in 1976 to ensure that a portion of the state’s oil wealth would benefit its people for generations to come. Overseen by the Alaska Permanent Fund Corporation (APFC), the fund distributes earnings generated from its investments in the form of yearly dividends to eligible residents.
For 2025, the total dividend has been set at $1,702. This sum is composed of a base amount of $1,403.83 and an additional $298.17, which serves as an energy relief supplement to help counterbalance rising utility costs and inflation.
At-a-Glance: Key Information
- PFD Total for 2025: $1,702
- Eligibility Criteria: Must reside in Alaska, have no disqualifying criminal history, and submit a complete application
- Application Window: February 1 to April 2025
- Anticipated Payment Date: May 5, 2025
- How to Apply: Online or by mailing a paper form from pfd.alaska.gov
- Taxation: Subject to federal income tax, but not taxed by the state of Alaska
When to Expect Your PFD Payment
Residents who applied previously and have an application status listed as “Eligible – Not Paid” will receive their dividends according to a set schedule. These dates are part of the 2024 PFD processing cycle but often overlap with the distribution of the new year’s payments.
Payment dates include:
- April 17, 2025 – for applications approved by April 9
- May 15, 2025 – for applications approved by May 7
- June 18, 2025 – for applications approved by June 11
Note that direct deposits are typically processed quicker than paper checks, so choosing electronic payment is recommended for faster access.
Who Can Qualify for the 2025 Alaska PFD?
To be eligible for the 2025 dividend, you must meet several key requirements:
- You must have lived in Alaska for the full 2024 calendar year.
- You must intend to stay in Alaska permanently.
- You should have been physically present in the state for at least 72 straight hours during either 2023 or 2024.
- You cannot have any felony convictions in 2024 or multiple misdemeanors.
- You must apply between February and April 2025.
Exceptions for long absences (over 180 days) may be granted for valid reasons such as:
- Receiving medical treatment
- Attending school full-time
- Serving in the military
- Other qualified reasons listed by the PFD office
Each household member, including dependent children, must submit a separate application to receive their share.
Caution: Acquiring a REAL ID from another state might jeopardize your residency status and therefore your eligibility.
Step-by-Step Guide to Apply for the $1,702 Payment
Applying for the 2025 PFD is a straightforward process. Here’s how you can do it:
- Visit the official website: https://pfd.alaska.gov
- Sign into your myAlaska account or create one if you don’t already have it
- Complete the application with the following:
- Proof that you lived in Alaska during 2024
- Your banking information for direct deposit
- Documentation for any long absences, if applicable
- Make sure to submit your application before the deadline in April 2025
If you are unable to apply online, you can request a paper form and send it by mail.
Common Errors That Delay or Deny Payments
To avoid issues with your PFD application, be careful to:
- Submit your application before the April cut-off
- Double-check your banking details for accuracy
- Provide documentation for any extended time spent outside Alaska
- Use correct personal information and avoid name mismatches or typos
Applications submitted after March 31, 2025, will not be accepted under any circumstances.
Frequently Asked Questions
Q1: Who is eligible for the Alaska PFD in 2025?
A: You must have been a full-year resident of Alaska in 2024, intend to stay permanently, and must not have been convicted of serious crimes.
Q2: When will I get my 2025 PFD payment?
A: The first round of payments, primarily for direct deposits, is expected to be sent out on May 5, 2025. Paper checks will follow later in the month.
Q3: How do I apply for the PFD?
A: Go to pfd.alaska.gov between February and April 2025 and submit your application using your myAlaska account credentials.
Q4: Is this payment subject to taxes?
A: Yes, the PFD is considered taxable income by the IRS, but it is not subject to state income tax in Alaska.
Final Thoughts
The Alaska Permanent Fund Dividend continues to offer a unique and valuable benefit to state residents, rewarding them for their connection to the state’s resources. With the 2025 payment set at $1,702, it’s more important than ever to apply on time and ensure your information is accurate. Whether you’re a long-time resident or a new parent filing for your child’s first dividend, staying informed about deadlines, eligibility, and documentation will help you make the most of this opportunity.
Robby is a dedicated finance blog writer with a talent for breaking down financial concepts into clear, actionable advice. He covers everything from debt management and credit tips to investing and retirement planning, helping readers make confident money decisions. Robby's goal is to educate and inspire others to build lasting financial health.