Alaskans are buzzing with excitement about the $1,702 stimulus payment set to arrive in August 2025. This payment is part of Alaska’s Permanent Fund Dividend (PFD) program, a unique initiative that shares the state’s oil revenue with its residents. Unlike federal stimulus checks from the COVID-19 era, this is a state-specific program designed to ease financial burdens for Alaskans facing high living costs.
we’ll explain who qualifies, when the payment will arrive, how to apply, and how to avoid scams—all in simple, clear language. Optimized for SEO, this guide answers your questions and provides a clear timeline to help you secure this financial relief.
What is the $1,702 Stimulus Payment?
The $1,702 payment is not a federal stimulus check but part of Alaska’s PFD program, which began in 1976. Each year, the state shares a portion of its oil and natural gas profits with eligible residents. For 2025, the PFD includes a base dividend of $1,403.83 plus a $298.17 energy relief bonus, totaling $1,702 per person. This 30% increase from 2024’s $1,312 makes it a significant boost for over 600,000 Alaskans, helping families cover essentials like groceries, rent, and utilities.
Who Can Get the $1,702 Payment?
Not everyone qualifies for this payment—it’s only for Alaska residents who meet specific rules. Here’s a breakdown of the eligibility criteria:
| Requirement | Details |
|---|---|
| Residency | You must have lived in Alaska for the entire 2024 calendar year and plan to stay indefinitely. |
| No Dual Residency | You cannot claim residency in another state or country or receive benefits from another state in 2024. |
| Criminal History | You must not have been convicted of a felony or incarcerated for a felony in 2024. |
| Application | You must apply by the deadline (March 31, 2025, for the 2025 payment). |
| Documentation | Provide valid ID, proof of residency, and a Social Security number or ITIN. |
Children can also qualify if their guardian applies on their behalf, meaning a family of four could receive up to $6,808.
August 2025 Payment Schedule
The Alaska Department of Revenue has set clear dates for the 2025 PFD payments. If your application is approved and marked “Eligible-Not Paid” by August 13, 2025, you’ll receive your $1,702 payment on August 21, 2025. Here’s the schedule:
| Status Check Date | Payment Date | Method |
|---|---|---|
| June 11, 2025 | June 18, 2025 | Direct deposit or paper check |
| July 9, 2025 | July 17, 2025 | Direct deposit or paper check |
| August 13, 2025 | August 21, 2025 | Direct deposit or paper check |
Direct deposits are faster, often arriving a few days earlier than paper checks. Ensure your bank details and address are updated on the myPFD portal to avoid delays.
How to Check Your Payment Status
To confirm your payment status:
- Visit pfd.alaska.gov and click “myPFD.”
- Log in with your credentials.
- Check if your application is marked “Eligible-Not Paid.”
- Update your address or bank details if needed.
If your payment doesn’t arrive by August 21, 2025, contact the PFD Division at pfd.alaska.gov.
How to Apply for the 2025 PFD
The application window for the 2025 PFD closed on March 31, 2025. If you missed it, you can apply for the 2026 payment starting January 1, 2026. Here’s how to apply:
- Apply Online: Use pfd.alaska.gov for a quick and secure application.
- Submit Documents: Provide proof of residency, ID, and Social Security number or ITIN.
- Choose Direct Deposit: It’s faster and safer than a paper check.
- Track Your Application: Keep your confirmation email and check myPFD regularly.
Late applications are not accepted, so mark your calendar for next year’s window (January 1–March 31, 2026).
Why the PFD Matters in 2025
Alaska’s cost of living is higher than the national average, with expensive groceries, fuel, and utilities. The $1,702 payment helps Alaskans:
- Pay bills like rent or medical costs.
- Save for emergencies.
- Reduce debt, such as credit card balances.
- Support local businesses, boosting Alaska’s economy.
This payment injects billions into the state’s economy, benefiting over 600,000 residents. With inflation still a concern in 2025, this financial relief is a lifeline for many families.
Tax Information
The $1,702 payment is taxable at the federal level. You’ll receive a Form 1099-MISC in January 2026 to report it on your 2025 tax return. Alaska has no state income tax, so you won’t owe state taxes on this payment.
Avoiding Scams and Misinformation
There’s a lot of confusion about stimulus payments. Here are key facts to avoid scams:
- Alaska-Only Program: The $1,702 payment is only for Alaska residents through the PFD, not a federal stimulus.
- No $1,600 or $2,000 Checks: Rumors about other amounts are false. Federal stimulus checks ended in 2021.
- Trust Official Sources: Only use pfd.alaska.gov or IRS.gov for updates. Never share personal details with unverified sources.
If you suspect a scam, report it to the PFD Division or the Federal Trade Commission.
FAQs
Is the $1,702 payment a federal stimulus check?
No, it’s only for Alaska residents through the Permanent Fund Dividend (PFD) program, funded by state oil revenue.
When will I get the August 2025 payment?
If your application is “Eligible-Not Paid” by August 13, 2025, you’ll receive your payment on August 21, 2025.
Do I need to apply for the 2025 PFD?
Yes, applications were due by March 31, 2025. Late applications are not accepted.
Is the payment taxable?
Yes, it’s taxable at the federal level. You’ll get a Form 1099-MISC for your 2025 tax return. Alaska has no state income tax.
Can children qualify for the $1,702 payment?
Yes, if their guardian applies by the deadline and they meet residency requirements.
Conclusion
The $1,702 stimulus payment in August 2025 is a vital financial boost for Alaska residents, helping families manage high living costs and support local businesses. By understanding the eligibility rules, checking your application status, and using trusted sources like pfd.alaska.gov, you can ensure you receive this payment without issues. Whether you use the money for bills, savings, or debt, this PFD is a unique opportunity to improve your financial stability in 2025. Stay informed, avoid scams, and check your myPFD account to secure your share of Alaska’s oil wealth.