In a significant financial boost for residents of Alaska, the state is issuing a $1,702 payment to eligible individuals in 2025 through the Alaska Permanent Fund Dividend (PFD) program. This initiative, funded by Alaska’s oil revenues, plays a vital role in offering economic relief to thousands of residents each year.
If you’re an Alaskan resident or planning to apply, here’s everything you need to know about the 2025 PFD, including the latest payment schedule, eligibility rules, application steps, tax implications, and how to avoid common mistakes during the process.
Table of Contents
What is the Alaska Permanent Fund Dividend (PFD)?
The Alaska Permanent Fund Dividend is a yearly payment distributed to qualifying Alaska residents from the state’s oil wealth. Created in 1976 via a constitutional amendment, the fund was established to preserve and share a portion of the state’s mineral income with current and future generations.
The fund is managed by the Alaska Permanent Fund Corporation (APFC), and the dividend amount varies based on the fund’s investment earnings. Each year, roughly 5% of the market value of the fund is used to determine payouts. The PFD has become a financial lifeline for many Alaskan households.
Overview
| Key Detail | Information |
|---|---|
| Total PFD Amount (2025) | $1,702 |
| Base Payout | $1,403.83 |
| Energy Relief Bonus | $298.17 (one-time additional payment) |
| Application Window | February 1 – March 31, 2025 |
| Payment Start Date | May 5, 2025 (for early filers) |
| Eligibility Criteria | Must be Alaska resident for full year of 2024 |
| Application Method | Online or paper form at pfd.alaska.gov |
| Tax Status | Taxable by the IRS, not taxed by the State of Alaska |
Key Dates
The payment timeline depends on when your application was submitted and processed. Applicants whose status is marked as “Eligible – Not Paid” by the Alaska Department of Revenue will be paid on the following dates:
- April 17, 2025 – for applicants approved by April 9, 2025
- May 15, 2025 – for applicants approved by May 7, 2025
- June 18, 2025 – for applicants approved by June 11, 2025
Direct deposits typically reach bank accounts faster than paper checks. Payments are issued monthly for new or late-approved applicants, so the earlier you apply, the sooner you may receive your funds.
Eligibility
To receive the 2025 PFD, applicants must meet a list of eligibility conditions. These requirements ensure that payments go only to permanent residents who contribute to the state community.
Eligibility Checklist:
- You must have been an Alaska resident for the full calendar year of 2024.
- You must plan to remain in Alaska indefinitely.
- You must have been physically present in the state for at least 72 consecutive hours during 2023 or 2024.
- You cannot have any felony convictions or more than one misdemeanor during 2024.
- You must submit your application between February 1 and March 31, 2025.
- Each eligible person, including children, must submit an individual application.
How to Apply for the 2025 Alaska PFD
Alaska residents can apply online or by submitting a paper application. The online process is faster and more efficient, especially for applicants who already have a “myAlaska” account.
Step-by-Step Application Guide:
- Visit the official PFD portal: https://pfd.alaska.gov
- Log in or create a myAlaska account.
- Complete the application form with:
- Proof of Alaska residency
- Valid banking details (for direct deposit)
- Documentation of any long absences from the state
- Submit your application before March 31, 2025.
- Save your confirmation number as proof of submission.
Applicants who don’t have internet access can request or download a paper form from the website or pick one up at a local distribution center.
Final Thoughts
The Alaska Permanent Fund Dividend continues to serve as a unique economic support system for the residents of the Last Frontier. The 2025 payment of $1,702—including the one-time energy relief—offers meaningful assistance, especially in a time of rising costs and economic uncertainty.
If you’re eligible, take time to apply early, verify your documentation, and double-check your information to avoid unnecessary delays or disqualification. With a few careful steps, you can ensure your spot in the 2025 PFD payout and enjoy the financial benefits it offers.
FAQs
Q1: Who is eligible for the Alaska PFD in 2025?
A = You must have been a full-year resident of Alaska in 2024, plan to stay, and have no disqualifying criminal history.
Q2: When will I receive my PFD payment?
A = Early filers can expect payment via direct deposit by May 5, 2025. Others will follow in mid-May and June.
Q3: Is the PFD subject to tax?
A = Yes, it is federally taxable. You’ll receive a 1099-MISC form for your tax return.
