In August 2025, thousands of Alaskans will receive a direct deposit of $1,702, thanks to the state’s Permanent Fund Dividend (PFD) program. This payout is not a new federal stimulus, but part of Alaska’s long-standing tradition of sharing oil revenue with its residents.
If your application is marked as “Eligible – Not Paid” in the myPFD portal, you could be among those scheduled to receive your payment in the next wave on August 21, 2025.
Here’s everything you need to know about the payment amount, eligibility, application status, and upcoming deposit dates.
What Is the $1702 Payment?
The $1702 amount includes two components:
- $1,440 – 2024 base Permanent Fund Dividend
- $262 – Additional Energy Relief Payment
Together, these total $1,702, aimed at helping residents with rising energy and living costs. This amount was approved under Alaska’s 2024 state budget and continues a multi-year trend of supplementing the annual dividend with an energy relief bonus.
Unlike federal stimulus checks, this payout is specific to Alaska and is funded by the state’s oil revenue investments.
Who Is Eligible for the 2024 Alaska PFD?
To receive the $1,702 payment, residents must have applied and met the following conditions:
- Lived in Alaska for the entire 2024 calendar year
- Not claimed residency in another state or country
- Not convicted or incarcerated for a felony in 2024
- Not been absent from Alaska for more than 180 days in 2024 (with some exceptions)
- Spent at least 72 consecutive hours in Alaska in 2023 or 2024
- Applied before the deadline and were approved
These requirements are outlined by the Alaska Department of Revenue, which administers the PFD. For full eligibility criteria and official guidance, visit the Alaska PFD Eligibility Requirements page.
When Will the Payments Be Made?
The PFD payments for eligible applicants are released in scheduled batches, based on when your application was processed.
Here’s a breakdown of upcoming dates:
| Payment Date | Status Must Show “Eligible – Not Paid” By |
|---|---|
| July 17, 2025 | July 10, 2025 |
| August 21, 2025 | August 13, 2025 |
| September 11, 2025 | September 4, 2025 |
| October 2, 2025 | September 25, 2025 |
| October 23, 2025 | October 16, 2025 |
Residents receiving paper checks or those with delayed direct deposits may fall under the October batch.
You can check your application status on the official portal:
How Will I Get Paid?
Most residents will receive the $1,702 directly into their bank accounts through direct deposit, while others who chose mail delivery will receive paper checks. Make sure your banking information is up to date on the portal to avoid delays.
If your status says “Eligible – Not Paid”, and your application was processed before August 13, 2025, you are likely in line for the August 21 disbursement.
What to Do If You Haven’t Been Paid Yet
If you’re still waiting on your payment:
- Log into the myPFD Portal to confirm your status.
- Look for “Eligible – Not Paid” in your profile.
- Check the date your application was marked eligible this determines your payment wave.
- Ensure your bank account or mailing address is correct.
Why This Isn’t a Federal Stimulus
It’s important to note that this is not a U.S. federal government stimulus. The confusion arises because the PFD is a direct payment like the COVID-era stimulus checks, but:
- It’s only available to Alaskan residents
- It is state-funded through the Alaska Permanent Fund
- It is a recurring annual benefit, not a one-time stimulus
How Many People Will Benefit?
Roughly 600,000 Alaskans are expected to receive the 2024 PFD payments. This makes it one of the most widely distributed and generous state-based aid programs in the country.
| Feature | Details |
|---|---|
| Total Payment | $1,702 (Base Dividend + Energy Relief) |
| Next Payment Date | August 21, 2025 |
| Eligibility Cutoff | August 13, 2025 |
| Administered by | Alaska Department of Revenue |
| Residency Requirements | Must have lived in Alaska all of 2024 |
| Application Status Tool | myPFD Portal |
| Official Info | https://pfd.alaska.gov |
If you’re an eligible Alaska resident and your application was approved in time, keep an eye on your bank account around August 21, 2025. For others, additional payment dates are on the horizon in September and October.
Nand Kishor is a content writer covering business, economy, and world affairs. With a background in journalism, he focuses on clear, ethical, and insightful reporting. Outside of work, he enjoys chess, cricket, and writing short stories.