Good news for Alaskans! A new round of stimulus payments worth up to $1,400 could soon be on the way under the Alaska Permanent Fund Dividend (PFD) program. Each year, the state shares part of its oil profits with residents, and in 2025, around 740,000 people could qualify to receive this money.
If you’ve lived in Alaska throughout 2024 and apply on time before the 2025 deadline, you may be eligible. Here’s everything you need to know about the payment, eligibility rules, how the amount is decided, and when to expect your check.
What Is the Alaska Permanent Fund Dividend (PFD)?
The Permanent Fund Dividend (PFD) is a special program started in 1976. It gives Alaskans a share of the state’s oil revenue through yearly payments. The money comes from the Alaska Permanent Fund, which collects and invests oil profits to support future generations.
The PFD isn’t new—but every year, the amount can change depending on:
- The state’s oil earnings
- The number of applicants
- Decisions by lawmakers in the Alaska Legislature
The goal is to give residents a boost to help with daily expenses, especially during tough economic times.
Proposed 2025 Payment: $1,000 to $1,400
So far in 2025, there’s been no official announcement about the final PFD amount. However, proposals are being discussed:
- The House of Representatives wants the payment to be up to $1,400
- The Senate is leaning towards a lower amount, around $1,000
Why the debate? Alaska is facing a $450 million budget deficit, and falling oil revenues have made the situation worse. Lawmakers are trying to balance the books while still supporting Alaskans.
The legislative session usually ends in May, so the final decision should be made soon. However, if lawmakers don’t agree, the session might be extended.
Past PFD Payments: What History Tells Us
Here’s a look at how much Alaskans have received from the PFD in the last 10 years:
2024: $1,702
2023: $1,312
2022: $3,284 (included a one-time energy relief bonus)
2021: $1,114
2020: $992
2019: $1,606
2018: $1,600
2017: $1,100
2016: $1,022
2015: $2,072
2014: $1,884
This data shows the payment amount changes a lot each year, based on oil income and state budgets. While $1,400 is on the table for 2025, it may be reduced to around $1,000 to address the state’s budget concerns.
Who Can Get the PFD in 2025?
To qualify for the 2025 PFD payment:
- You must have lived in Alaska for the entire year of 2024
- You must apply before the official deadline in 2025
- You must plan to remain in Alaska
- You must not have been convicted of certain crimes
- You must not have claimed residency in another state or country
Applications usually open in January and close in March, so be sure to apply on time.
How Alaskans Use the PFD
The PFD is more than just a bonus—it’s a vital lifeline. According to surveys from previous years:
- 78% of people used the money for basic needs like food, rent, heating, and transportation.
- It helps families cover winter costs, especially in rural areas where living expenses are high.
- A lower payment could hurt families who rely on it to get through the year.
This is why many are hoping for the full $1,400 payout, even though the final figure might be lower due to budget issues.
When Will the 2025 PFD Payment Be Made?
Once the final amount is approved by lawmakers, the Alaska Department of Revenue will:
- Announce the official payment amount
- Send payments, usually in October
Those who applied online and selected direct deposit typically get their payment first. Paper checks take longer.
The Alaska Permanent Fund Dividend continues to be a crucial source of financial support for hundreds of thousands of Alaskans. While the final 2025 payment amount is still being debated, estimates range from $1,000 to $1,400 per person. If you’ve lived in Alaska all of 2024 and apply before the 2025 deadline, you could receive this annual check.
Make sure to watch for updates, apply on time, and stay informed through official Alaska government sources to avoid any confusion or scams. This payment might help you pay for essentials, reduce financial stress, and start the year with a little more breathing room.
