As living costs continue to rise, many Americans are looking for financial relief. In August 2025, some residents will receive a $1,702 stimulus payment through Alaska’s Permanent Fund Dividend (PFD) program. This article explains who is eligible, how to apply, and when to expect the payment in simple terms. Optimized for SEO, this guide ensures you have all the details to understand and claim this financial support.
What Is the $1,702 Stimulus Payment?
The $1,702 stimulus payment is part of Alaska’s PFD program, a unique initiative that shares the state’s oil revenue with its residents. Unlike federal stimulus checks, this payment is exclusive to Alaska and provides financial help to eligible individuals. In 2025, the payment includes a base dividend of $1,403.83 and an energy relief bonus of $298.17, making a total of $1,702 per person. This program helps Alaskans manage expenses like utility bills, groceries, and other daily costs.
Why Is This Payment Important?
Rising energy prices and inflation have strained household budgets. The PFD offers a financial boost to around 600,000 eligible Alaskans, helping them cover essential expenses. This payment is especially significant because no new federal stimulus checks are planned for 2025, making state programs like Alaska’s PFD a critical source of relief.
Who Qualifies for the $1,702 Stimulus Payment?
To receive the $1,702 payment, you must meet specific eligibility criteria set by the Alaska Department of Revenue. Below is a clear breakdown of the requirements:
Eligibility Requirements
- Residency: You must have lived in Alaska for the entire 2024 calendar year.
- Intent to Stay: You must plan to remain an Alaska resident permanently.
- Physical Presence: You must have been in Alaska for at least 72 hours in 2023 or 2024.
- No Other Residency: You cannot have claimed residency in another state or country in 2024.
- Criminal Record: You must not have been convicted of a felony or served time for certain misdemeanors in 2024.
- Application Status: Your PFD application must be marked “Eligible – Unpaid” by August 13, 2025.
If you were temporarily absent from Alaska in 2024 for reasons like college, military service, or medical treatment, you may still qualify if approved by the state.
Eligibility Criteria for $1,702 Stimulus Payment
| Requirement | Details |
|---|---|
| Residency | Lived in Alaska for all of 2024 |
| Intent to Stay | Plan to stay in Alaska permanently |
| Physical Presence | At least 72 hours in Alaska during 2023 or 2024 |
| Other Residency | No residency claimed in another state or country in 2024 |
| Criminal Record | No felony convictions or disqualifying misdemeanors in 2024 |
| Application Status | Must be “Eligible – Unpaid” by August 13, 2025 |
When Will the Payment Be Deposited?
The $1,702 stimulus payment will be distributed on August 21, 2025, for applications marked “Eligible – Unpaid” by August 13, 2025. Payments are processed in batches, with direct deposits arriving faster than mailed checks. Earlier payments were issued on June 18 and July 17, 2025, for those who applied earlier.
Payment Schedule
- June 18, 2025: For applications marked “Eligible – Unpaid” by June 11.
- July 17, 2025: For applications marked “Eligible – Unpaid” by July 9.
- August 21, 2025: For applications marked “Eligible – Unpaid” by August 13.
To ensure quick delivery, opt for direct deposit when applying. Mailed checks may take longer, especially if your address is outdated.
How to Apply for the $1,702 Stimulus Payment
Applying for the PFD is straightforward and free. Follow these steps to secure your payment:
Step-by-Step Application Process
- Visit the Official Portal: Go to pfd.alaska.gov.
- Log In or Sign Up: Use your myAlaska account or create a new one.
- Complete the Application: Fill out the 2025 PFD form with your details.
- Upload Documents: Provide proof of residency and, if applicable, documents for dependents.
- Choose Payment Method: Select direct deposit for faster delivery or a mailed check.
- Submit by Deadline: Applications must be submitted by August 31, 2025.
Missing the deadline means you’ll need to wait until the 2026 cycle, which opens on June 1, 2026. Late applications are only accepted in rare cases, such as extreme hardships.
How to Check Your Application Status
To track your payment, visit the “myPFD” portal on pfd.alaska.gov. Log in to see if your status is “Eligible – Unpaid” or “Paid.” Update your address and bank details to avoid delays. If you chose a mailed check and moved, update your address immediately.
Key Facts About the $1,702 Payment
- Taxable Income: The payment is taxable at the federal level. You’ll receive a 1099-MISC form in early 2026 for your taxes.
- No Federal Stimulus: This payment is exclusive to Alaska. No federal stimulus checks are planned for 2025.
- Energy Bonus: The $298.17 energy relief portion helps offset rising utility and fuel costs.
- Scam Alert: Only use official state websites like pfd.alaska.gov to apply or check status. Avoid sharing personal information through unsolicited messages.
Key Details of the $1,702 Stimulus Payment
| Feature | Details |
|---|---|
| Total Amount | $1,702 ($1,403.83 base + $298.17 energy bonus) |
| Payment Date | August 21, 2025 (for “Eligible – Unpaid” by August 13) |
| Application Deadline | August 31, 2025 |
| Delivery Method | Direct deposit (faster) or mailed check |
| Taxable | Yes, reported on federal taxes via 1099-MISC |
| Source | Alaska Permanent Fund Dividend (PFD) program |
Tips to Maximize Your Payment
To make the most of your $1,702 stimulus payment, consider these tips:
- Choose Direct Deposit: It’s faster and safer than mailed checks.
- Update Information: Ensure your address and bank details are current on the myPFD portal.
- Plan for Taxes: Set aside a portion of the payment for federal taxes, as it’s taxable income.
- Budget Wisely: Use the funds for essentials like bills, groceries, or savings to ease financial stress.
Common Questions About the $1,702 Stimulus Payment
Is This a Federal Stimulus Check?
No, this payment is part of Alaska’s PFD program, funded by state oil revenues, not the federal government.
What If I Miss the Application Deadline?
If you miss the August 31, 2025, deadline, you’ll need to wait for the 2026 cycle. Late applications are rarely accepted.
How Can I Avoid Scams?
Only use official websites like pfd.alaska.gov. Never share personal details via unsolicited emails or texts.
Conclusion
The $1,702 stimulus payment in August 2025 offers vital financial relief for eligible Alaskans. By meeting residency and application requirements, you can secure this payment to help with rising costs. Apply by August 31, 2025, through pfd.alaska.gov, and check your status on the myPFD portal. With no federal stimulus checks planned, this Alaska-exclusive payment is a key opportunity. Follow the steps outlined, opt for direct deposit, and plan for taxes to make the most of this financial boost.