Alaska residents are set to receive a total stimulus payment of $2,000.17 in 2025 through the Permanent Fund Dividend (PFD), a financial lifeline that continues to support thousands of families.
This year’s payment includes a base PFD of $1,702 and an energy relief bonus of $298.17, a much-needed boost as Alaskans cope with rising living costs.
What Is the Alaska PFD Program?
The Permanent Fund Dividend (PFD) is a unique program established by the State of Alaska in 1976 to distribute a portion of the state’s oil revenue earnings to residents.
It serves as a yearly economic stimulus, particularly for those in rural and remote communities where goods and services are costlier.
Managed by the Alaska Department of Revenue, the program ensures that every eligible Alaskan gets a share of the wealth generated from the state’s natural resources.
2025 PFD Payment Details
Here’s a breakdown of the 2025 stimulus amount:
| Component | Amount |
|---|---|
| Base Permanent Fund Dividend Payment | $1,702.00 |
| Energy Relief Bonus | $298.17 |
| Total Stimulus Amount | $2,000.17 |
This year’s $2,000.17 payment marks a 30% increase compared to 2024, reflecting the state’s effort to provide additional support to households affected by inflation and economic uncertainty.
2025 PFD Payment Schedule
Payments will be issued in three batches:
- June 18, 2025 – For applicants with “Eligible – Not Paid” status before June 11.
- July 17, 2025 – Second round of payments.
- August 21, 2025 – Final distribution batch.
Eligibility Criteria
To receive the Permanent Fund Dividend payment in 2025, residents must:
- Have lived in Alaska for all of 2024.
- Have been physically present in Alaska for at least 72 consecutive hours in 2024.
- Have no felony convictions during the year.
- Not have been incarcerated for over a year.
- Apply by March 31, 2025, through the Department of Revenue’s official PFD portal.
Payment Methods
Residents can choose how they receive their payment:
- Direct Deposit – Recommended for faster and safer access.
- Paper Check – Delivered by mail; however, may take longer or be subject to delivery issues.
Future Outlook: House Bill 359
The future of the Permanent Fund Dividend program could be even more promising. Under House Bill 359 (HB359), there is a proposal to raise Permanent Fund Dividend payments to as much as $5,000 annually between 2026 and 2028.
While this could further assist residents, experts warn it might put financial pressure on the state’s Permanent Fund if oil revenues decline.
Why the PFD Is Crucial for Alaskans
Since its first payment in 1982, the Permanent Fund Dividend has remained a vital source of supplemental income for Alaska’s population.
For many, especially those in remote areas where transportation and energy costs are steep, these annual payments help cover basic needs, such as food, fuel, education, and medical expenses.
The 2025 PFD payout of $1,702 plus a $298.17 bonus brings much-needed relief to Alaskan families amid ongoing economic challenges.
With payments being distributed across June, July, and August, residents are encouraged to review eligibility, apply before March 31, 2025, and opt for direct deposit for the fastest access.
The PFD program continues to serve as a model of resource sharing, empowering Alaska’s residents year after year. Stay informed, update your details on the myPFD portal, and secure your payment without delay.
FAQs
Can new residents qualify for the 2025 PFD payment?
No, applicants must have been a resident of Alaska for all of 2024 to qualify for the 2025 payment.
What happens if I miss the March 31, 2025, deadline?
If you miss the application deadline, you won’t be eligible for the 2025 payment and must wait until the next cycle.
Will House Bill 359 increase my PFD in future years?
If passed, HB359 could raise PFD payments to up to $5,000 annually between 2026 and 2028, but it is not yet law.