Thousands of Alaska residents are set to receive a $1,702 stimulus payment as part of the 2024 Permanent Fund Dividend (PFD).
Unlike federal stimulus checks, this is a state-funded annual dividend designed to support those who live in Alaska year-round. The latest update confirms the next deposit dates for residents who meet all eligibility criteria.
What Is the $1,702 Payment?
The $1,702 payment is made up of two parts:
- $1,403.83 base dividend
- $298.17 energy relief bonus
Combined, these form a single payout aimed at offsetting the high cost of living in Alaska and encouraging long-term residency.
Payment Schedule for 2025
Check the table below to know when you can expect your deposit if your status is marked “Eligible – Unpaid”:
| Status Verified By | Payment Date |
|---|---|
| June 11, 2025 | June 18, 2025 |
| July 9, 2025 | July 17, 2025 |
| August 13, 2025 | August 21, 2025 |
If you haven’t received your payment by June, you still have two more scheduled opportunities.
Eligibility Criteria
To qualify for the $1,702 PFD payment, residents must meet all of the following:
- Be a permanent Alaska resident throughout 2024
- Intend to remain in the state permanently
- Have not been outside Alaska for more than 180 days
- Did not claim residency in another state
- Have no felony or disqualifying convictions
- Submitted a valid PFD application before the deadline (March 31, 2025)
Overview of the PFD Program
| Item | Details |
|---|---|
| Total Payment | $1,702 |
| Base Dividend | $1,403.83 |
| Energy Relief Bonus | $298.17 |
| First Deposit Date | June 18, 2025 |
| Second Deposit Date | July 17, 2025 |
| Final Deposit Date | August 21, 2025 |
| Absence Rule | ≤ 180 days (unless approved) |
| Application Deadline | March 31, 2025 |
What to Do If You Haven’t Been Paid
If your status shows “Eligible – Unpaid” and you missed the June payment, your funds will be processed in the next batch. Ensure your banking details are updated and monitor your payment status online.
Also, be cautious with your login credentials and do not share personal info via unofficial channels or emails.
How to Use the PFD Wisely
Residents typically use this annual payment to:
- Cover essential household expenses
- Pay winter utility bills
- Purchase groceries and supplies
- Build emergency savings
- Make repairs or upgrades
For many, the $1,702 check provides much-needed breathing room in a challenging economy.
The $1,702 Alaska PFD payment is more than a stimulus—it’s a reward for commitment to living in Alaska.
With scheduled deposits confirmed for June 18, July 17, and August 21, eligible residents should prepare to receive their funds soon. Double-check your application status and ensure all information is up to date to avoid delays.
This payment can be a vital financial boost—use it wisely and enjoy the benefits of being a resident in the Last Frontier.
FAQs
What if I applied but didn’t receive my payment in June?
If your application status is “Eligible – Unpaid,” you’ll receive the payment on either July 17 or August 21, depending on your processing date.
Can I still apply for the 2024 dividend?
No. The application deadline was March 31, 2025. Late submissions are not accepted for this payout cycle.
What happens if I left Alaska temporarily?
You can still qualify if your absence was fewer than 180 days or you had a valid reason (e.g., medical, military, education) and maintained Alaska residency.