$1,702 Stimulus Payment In August 2025- Eligibility, Payment Dates, And How To Qualify

The state of Alaska has confirmed that eligible residents will receive a $1,702 stimulus payment through the Permanent Fund Dividend (PFD) program in August 2025.

This direct deposit or mailed check is part of Alaska’s long-standing policy of sharing its oil revenue with residents.

While often referred to as a stimulus payment, this payout is officially the annual PFD benefit, designed to provide citizens with a share of the state’s natural resource income. Here’s a breakdown of how it works, who qualifies, and when the payment will be delivered.

What Is the Alaska Permanent Fund Dividend?

The Permanent Fund Dividend (PFD) was established in 1976 to ensure that future generations of Alaskans would benefit from the state’s oil wealth.

Managed by the Alaska Permanent Fund Corporation (APFC), the money is invested in stocks, bonds, and real estate, with around 5% of the fund’s income distributed annually to eligible residents.

The 2025 payout is valued at $1,702 per person, representing both the base dividend and an additional energy relief supplement.

Breakdown of the $1,702 Payment in 2025

Component	Amount (2025)
Basic Dividend	$1,403.83
Energy Relief Bonus	$298.17
Total Payment	$1,702.00

This combination was approved by the state assembly to offset high living and energy costs in Alaska, giving residents meaningful relief.

Payment Dates for 2025

For 2025, payments will be distributed in installments, depending on eligibility confirmation. Residents who meet requirements will receive deposits according to the following schedule:

• May 15, 2025 – First round for approved applicants.
• June 18, 2025 – For those whose eligibility was cleared by June 11.
• July 17, 2025 – For applications confirmed by July 9.
• August 21, 2025 – For applicants cleared by August 13.

Those still pending from previous years will also see their payments included in these cycles.

Eligibility Requirements for the 2025 PFD

To qualify for the August 2025 $1,702 stimulus payment, applicants must meet strict residency and legal conditions:

• Must have lived in Alaska all of 2024 with the intent to remain permanently.
• Must be physically present in Alaska at least 72 hours during 2023 or 2024.
• Cannot have been absent more than 180 days unless for military service, education, or medical treatment.
• Must not have been convicted of a felony or a disqualifying crime in 2024.
• Applications must have been submitted between February 1 and March 31, 2025 at pfd.alaska.gov.
• Every individual, including children, must apply separately.

Failure to meet these requirements or missing the application deadline means forfeiting the payment.

How to Apply for the PFD

Applications for the 2025 dividend opened on February 1, 2025, and closed on March 31, 2025. Residents applied online through pfd.alaska.gov or via paper forms.

To apply, individuals needed to log in to myAlaska, fill in personal and residency details, submit bank account information, and upload any required documents if they had extended absences.

Tax Information

Although Alaska does not tax the PFD, the IRS treats it as taxable income. Residents must report the $1,702 payment on their 2025 federal tax return. Seniors and families are encouraged to make tax adjustments to avoid surprises during filing season.

The $1,702 Alaska Permanent Fund Dividend payment in August 2025 is a crucial financial lifeline for residents, funded directly from the state’s oil revenue.

While eligibility rules are strict, the benefit ensures that Alaskans continue to share in the wealth of their natural resources.

With payments rolling out on August 21, 2025, those who applied on time will soon see the funds in their accounts, providing relief for household expenses, energy costs, and daily needs.

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