Many people in Alaska look forward to a yearly payment called the Permanent Fund Dividend (PFD). This is a type of stimulus check that the state gives to its permanent residents. The money comes from Alaska’s oil industry profits and is shared with the people who live there. Every year, more than 600,000 residents receive this payment.
While the exact amount for 2025 hasn’t been confirmed yet, estimates show it could be between $1,000 and $1,400, and the payment is expected sometime between September and October 2025.
Here’s what you need to know about this special Alaska payment.
What Is the Permanent Fund Dividend (PFD)?
The PFD is a yearly payment made by the State of Alaska to people who live there permanently. The money comes from oil revenues. The idea behind this program is to make sure that Alaska’s natural wealth benefits both current and future generations.
This program has been around for many years and is managed by the Alaska Department of Revenue.
How Much Will the PFD Be in 2025?
The final amount of the 2025 PFD has not been decided yet. There are different suggestions and proposals:
Governor Mike Dunleavy wants to give $3,900 per person, but experts say that’s unlikely because it would cost the state too much money.
A more realistic estimate, based on a formula that uses 25% of the state fund’s earnings, is around $1,400.
The Senate Finance Committee recently suggested a lower amount of $1,000 to help reduce the state’s budget deficit.
On the other hand, the House of Representatives has already approved $1,400 as the payment amount. But because both chambers (House and Senate) haven’t agreed yet, the final number is still pending.
In 2024, the PFD payment was $1,702, so some experts believe this year’s amount could be close to $1,700, although it’s not confirmed yet.
When Will the Stimulus Checks Be Paid?
The official payment date for 2025 has not been announced yet. But based on past years, it usually happens in the fall, likely between September and October.
In 2024, the payment was made in October, just days after the amount was confirmed on September 19.
Some news outlets have speculated that the money could be sent out in May, but this is not confirmed. Most likely, people will receive their checks in the usual fall period once the amount is officially decided.
Who Can Get the 2025 PFD?
To receive the 2025 PFD, you must meet the following conditions:
You must have lived in Alaska for the whole of 2024.
You must plan to continue living in Alaska permanently.
You must not claim to be a resident of any other state.
You must not have any serious criminal convictions.
The application deadline was March 31, 2025. Most people (about 90%) applied online. If you missed the deadline, you can still appeal, but only in special situations like a serious medical emergency. Once submitted, applications cannot be changed.
The PFD is a major financial support for many families in Alaska. Although the exact amount and payment date are still being discussed, eligible residents can expect a payout between $1,000 and $1,400 later this year.
If you live in Alaska and applied on time, this extra money could be coming your way soon. Keep an eye on official updates from the Alaska Department of Revenue to know the final amount and exact deposit date.
