New $1700 checks start arriving — A great news has come for the residents of Alaska. A new payment is being issued by the state government, with the amount set at $1,700. This payment will be made under the Alaska Permanent Fund Dividend (PFD) plan. The plan pays Alaskans a share of the profits from the state’s oil and gas resources each year. This time, citizens are going to get about 30% more money than last year.
The purpose of the PFD is to make the people of Alaska financially strong. This year’s total amount is $1,702, of which $1,403 will be given as a regular dividend and $298 is included as an Energy Relief Bonus. This energy bonus is being given to compensate for the rising energy costs in Alaska.
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Who is eligible for this payment?
To get the benefit of Alaska Permanent Fund Dividend, citizens have to fulfill some necessary eligibility. First of all, it is necessary that the person has been a resident of Alaska throughout 2023. Along with this, the person should intend to live permanently in Alaska and should not have any plans to settle elsewhere.
Apart from this, it is mandatory to be physically present in Alaska for at least 72 hours in the last 24 months. If a person has been convicted of a serious crime last year, then he will not be eligible for this benefit. The most important thing is that the citizens should have filled their application on time by March 31, 2024. Those who have applied on time and whose status is showing “Eligible-Not Paid” will get the payment soon.
Understand this year’s $1,702 payment
Citizens whose status was showing “Eligible-Not Paid” till May 7 have received a payment of $1,702 on May 15, 2025. This amount includes $1,403.83 as regular dividend, while $298.17 has been given for energy relief. This year’s amount is higher than previous years. In 2023, citizens received $1,312, while in 2022 this amount was around $3,284.
The amount of PFD payment varies every year according to the earnings and policy of the state. However, this year about six lakh citizens will avail the scheme and this payment will be deposited directly into their bank accounts.
Payment dates set for three groups
The Alaska Department of Revenue has created three different groups for this year’s PFD payments. These groups are based on the “Eligible-Not Paid” status of citizens and different payment dates have been set for each group.
- The first group is of citizens whose status will show “Eligible-Not Paid” by June 11, 2025. This group will be paid $1,702 on June 18, 2025.
- The second group is of citizens whose status will show “Eligible-Not Paid” by July 9, 2025. They will get payment on July 17, 2025.
- The third and final group will be of citizens whose status will show “Eligible-Not Paid” by August 13, 2025. These people will get payment on August 21, 2025.
If you are eligible and your status has not been updated yet, then you should keep an eye on the status of your application. As soon as your status shows “Eligible-Not Paid”, understand that the amount is going to reach your account soon.
Importance of Alaska PFD
The PFD scheme has been running in Alaska for the last 43 years and its purpose is to give financial strength to the citizens of the state. This fund has been created to return a part of the state’s oil and gas earnings to the public. This scheme not only provides financial assistance but also provides relief to citizens from problems like energy costs.
However, this time also some people will be left out of this scheme. Those people whose application is not completed on time or who do not meet the eligibility will not get a payment of $1,702 this time. Also, citizens who have been proven guilty of any serious crime last year will also not be given the benefit of this scheme.
Conclusion
In 2025, a huge amount of $1,702 is going to be deposited in the bank accounts of thousands of citizens of Alaska. Through this scheme, not only will you get financial strength but you will also get relief from problems like inflation and energy expenditure. If you have applied on time and your eligibility is complete, then this amount will come to your account soon. If you have not checked your status yet, then check it immediately and make sure that you are entitled to this fund.
FAQs On $1700 checks start arriving
Q. How much is the Alaska PFD payment in 2025?
A. $1,702 total — $1,403 regular dividend + $298 energy relief.
Q. Who qualifies for the 2025 PFD?
A. Alaska residents who lived in the state for all of 2023 and filed by March 31, 2024.
Q. When are the payment dates for 2025?
A. June 18, July 17, and August 21, 2025 — based on eligibility status.
