$1,702 Stimulus Payment: The PFD program of Alaska is on track to issue $1,702 to eligible residents this summer: these payments consist of $1,440 from the annual dividend and a supplementary $262 energy-assistance bonus with direct deposits expected on July 17.
Who Qualifies And Why It Matters
PFD payment recipients should,
- Have been living in Alaska for the entire 2024 calendar year, with the intent to remain permanently in the state;
- To the best of the applicant’s knowledge, have not been absent from the state for longer than 180 days, nor have been subject to felony conviction during the preceding year.
Providing crucial relief when Alaskans face escalating fuel and energy-priced costs, this year sees a PFD payout of $1,702, marking a 30% increase over 2023. The windfall payout is funded by the Flint oil wealth, aiming to mitigate household budgets and maintain economic resilience.
The July 2025 Payment Timeline
Alaskans whose applications were marked as “Eligible–Not Paid” status as of July 9 may look forward to having payments directly deposited on July 17. A second round of payments is scheduled to be released on August 21 for applications approved through August 13. If you have applied for PFD already, you do not need to do anything further. Eligibility is being verified by the fund, which will announce payment updates via official channels. Funds will be wired electronically; paper checks will be issued only if the payee has not set up direct deposit.
What To Do Next
- Check the status of eligibility and payment in either your myAlaska or PFD Division account.
- Confirm your direct deposit information: this is the best and quickest way to get your funds in hand.
- Prepare to receive deposits on July 17 (for July-approved cases), or August 21 (for late applicants).
- Save the receipts because you will need them for the 2025 federal taxes as a reportable taxable income.
Also Read: New Social Security SSDI Payment Hits On July 23, 2025, Check If You Are Eligible Now