This August 2025, approximately 600,000 residents of Alaska are set to receive $1,702 direct deposits through the state’s Permanent Fund Dividend (PFD) program.
This annual payout—boosted this year by an energy relief bonus—offers meaningful financial aid during high-cost times.
What Is the $1,702 Direct Deposit?
Alaska’s PFD springs from oil and resource revenue, delivering annual payments to eligible residents. For 2025, the dividend totals $1,702, split into a $1,440 base dividend and a $262 energy bonus to offset energy-related costs.
Roughly 600,000 residents, about three-quarters of the state’s population, qualify each year.
Who Qualifies for the PFD?
To receive this $1,702 payment, Alaskan applicants must meet these criteria:
- Continuous residency in Alaska for all of 2024
- No claims of residency or benefits in another state or country since Dec 31, 2023
- Must not have a felony conviction or disqualifying criminal history
- Not absent from Alaska for more than 180 days in 2024
- Must have spent at least 72 consecutive hours in Alaska during 2023 or 2024
Applications must be completed by August 31, 2025, with changes to direct deposit or address submitted by then to ensure proper delivery.
Payment Dates & Eligibility Status
Application Status / Date | Payment Date |
---|---|
“Eligible‑Not Paid” as of August 13, 2025 | August 21, 2025 |
Status on September 3, 2025 | September 11, 2025 |
2025 applications eligible by September 18 | October 2, 2025 |
Eligible by October 13, 2025 | October 23, 2025 |
Direct deposit applicants with valid setup are included in the first mass payment on August 21. Later dates apply to checks and other methods.
Why This $1,702 Payment Matters
At a time when energy and living costs are elevated, the PFD stands out as a consistent, dependable form of financial support.
Since its inception in the 1980s, the dividend has acted like a universal basic income for Alaskans—fueling local spending and offering relief for ordinary bills and necessities.
If you’re an Alaskan resident, the August 2025 $1,702 PFD direct deposit brings a welcome financial boost—combining a base dividend and energy relief bonus.
Make sure your application is filed, your details are current, and check your payment status via myPFD to ensure you don’t miss out on your share.
FAQs
Who exactly is eligible for the $1,702 direct deposit?
Residents who lived in Alaska all of 2024, meet physical presence and legal criteria, and applied properly by August 31, 2025.