Millions of residents in Alaska are about to receive a special stimulus payment this September as part of the state’s unique Permanent Fund Dividend (PFD) program. This program has been giving money back to residents from the state’s oil and mineral wealth for decades.
The Alaska Permanent Fund was started in 1976 to save part of the state’s oil revenue for future generations. Over time, it has grown into a financial program that directly shares the state’s natural resource profits with the people who live there. Every year, Alaskans who meet certain requirements can receive a payout, and in 2025, the amount has been set at $1,702 per eligible resident.
What the 2025 Payment Includes
The $1,702 payment is made up of two main parts. First, there is the base dividend, which comes from the investment gains of the fund in 2024. This shows how the state’s money has grown over time and ensures residents benefit directly from Alaska’s natural resources.
Second, there is an additional energy relief bonus of $298.17. This bonus is designed to help families handle rising living costs in Alaska. By adding this bonus, the state aims to make the payment more helpful in today’s economic climate.
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The payments will be distributed in two main phases. Timing depends on when an application is processed and approved:
- September 11, 2025: For dividend requests from 2024 or earlier that are marked “Eligible-Unpaid” as of September 3.
- October 2, 2025: For 2025 or earlier requests that are “Eligible-Unpaid” as of September 18.
- October 23, 2025: For 2025 or earlier requests that are “Eligible-Unpaid” as of October 13.
This staggered schedule helps manage the administrative workload and ensures that all eligible residents receive their payments on time. Residents are advised to keep an eye on their bank accounts and mailing addresses to make sure they get the payment without delays.
Who Can Get the Payment
Not everyone living in Alaska will automatically receive the PFD. There are specific eligibility requirements to make sure the money goes to people who genuinely live in the state. The most important rules are:
- Residency: Applicants must have lived in Alaska for the entire calendar year 2024.
- Intention to Remain: Applicants must plan to stay in Alaska indefinitely.
- No Other Residence: Applicants cannot have declared residency in another state or country during 2024.
- Criminal Record: Applicants must not have been imprisoned or convicted of criminal offenses.
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It is also important to submit the application on time. The September 2025 deadline is final. Late applications will not be accepted under any circumstances. Even small mistakes in bank account or mailing information can cause delays, so residents are encouraged to check their applications carefully before submitting.
How the Payment Works
The Permanent Fund Dividend is a direct payment from the state’s oil and mineral revenues to its residents. Unlike other states in the U.S., Alaska shares a portion of its natural resource wealth directly with the people who live there. This makes the program very unique and beneficial for Alaskans.
The payment is calculated every year based on the performance of the fund’s investments and the state’s budget considerations. In 2025, the $1,702 payout demonstrates the state’s long-term commitment to its residents.
Residents can expect the funds to appear in their bank accounts or be mailed according to the approved schedule. Keeping all personal details accurate is crucial to ensure the payment is received without any problems.
With millions of Alaskans eligible, this annual dividend is an important part of life in the state. It not only shares the wealth generated by Alaska’s natural resources but also provides extra financial support to families across the region.