Good news is coming for Alaska residents in April 2025. The state has confirmed the distribution of this year’s Permanent Fund Dividend (PFD), and the amount is bigger than before. Each eligible person will receive $1,702, which is a 30% increase compared to last year’s payment.
Funded by Alaska’s oil and gas revenues, the PFD is more than just a check—it’s a major source of financial support for Alaskan households. It also helps boost local businesses and the state’s economy overall.
What Is the Alaska Permanent Fund Dividend?
The PFD program has been active since 1976, created to share the state’s natural resource wealth directly with its residents. Every year, qualifying residents get a cash payment from the earnings of Alaska’s oil and gas investments.
In 2025, the total amount of $1,702 includes:
- $1,403.83 from the annual PFD
- $298.17 as a one-time energy relief payment
This boost is meant to help people manage rising energy costs and living expenses, especially during Alaska’s long, cold winters.
Who Is Eligible for the $1,702 PFD in 2025?
To receive this payment, applicants must meet strict eligibility rules:
- Must have been a full-year Alaska resident in the year before applying
- Must have spent at least 72 hours in Alaska in the last two years
- Must not have been convicted of a felony in the past year
- Those with multiple misdemeanors since January 1, 1997, may also be disqualified
These rules make sure the money goes to long-term residents who are strongly connected to the state.
PFD Application Deadline and Payment Dates for April 2025
To get the payment on time, residents must submit their PFD application by March 31, 2025. Applications can be completed online at pfd.alaska.gov or sent by mail.
Here’s the payment timeline:
- If your application (from 2024 or earlier) was marked “Eligible – Not Paid” by March 12, 2025, the payment was sent on March 20
- If your application is marked “Eligible – Not Paid” by April 9, 2025, your payment will be issued on April 17, 2025
To avoid delays, residents should check their application status regularly and make sure all information is correct and up to date.
Why This Payment Matters
The $1,702 PFD payment is a big help for many Alaskans. With rising costs for food, energy, and other essentials, this extra cash can provide real relief. It also encourages spending in local shops and services, which helps strengthen Alaska’s economy from the ground up.
This is not just a financial boost—it’s also a sign of how the state invests its natural wealth back into the lives of its people.