$1,702 Stimulus Checks Arriving This March – See If You’re Getting One and When to Expect It

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By: Anushka

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If you’re living in Alaska, now is the time to apply for your 2025 Permanent Fund Dividend (PFD). This annual payout, funded by the state’s oil revenues, provides essential financial relief to residents.

But how much will you get this year? While Governor Mike Dunleavy has suggested payments could be as high as $3,900, the actual amount will be determined by lawmakers.

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Here’s everything you need to know about the 2025 PFD stimulus checks, including eligibility, payment timelines, and how they impact the economy.

Amount

The exact amount of the 2025 PFD is still being debated. Governor Mike Dunleavy wants to distribute approximately $3,900 per eligible Alaskan, but this proposal would require drawing over $1.5 billion from the state’s Constitutional Budget Reserve.

However, lawmakers may opt for a more conservative formula based on 25% of the state’s annual oil revenue drawdown, which would reduce the PFD to about $1,400.

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Meanwhile, the estimated stimulus payment for 2025 is $1,702, similar to 2024 but lower than 2022. The final amount will be decided during the legislative session.

Eligibility

To qualify for the 2025 PFD stimulus check, applicants must meet the following criteria:

  • Must be a full-time Alaska resident for the entire 2024 calendar year.
  • Must not have been absent from Alaska for more than 180 days unless for approved reasons (military service, education, or medical treatment).
  • Must not have been convicted of a felony in the past year.

The application period runs from January 1 to March 31, 2025. Late applications will not be accepted.

Economic Impact

PFD checks play a crucial role in Alaska’s economy. These payments help residents cover essential expenses, such as:

ExpenseUse of PFD Funds
Rent/MortgageHelps cover housing costs
Energy BillsAssists with high utility costs
Medical ExpensesCovers healthcare and insurance
Education/TuitionSupports school and college fees
Savings/InvestmentsEncourages financial security

While many Alaskans use the PFD for daily expenses, others save a portion for emergencies. Some argue that rather than direct payments, the funds should be redirected to public services like healthcare and education. Legislators also debate the long-term sustainability of the PFD program.

Payment Timeline

For those who qualify, the 2025 PFD stimulus check is expected to be deposited by October 2025. It’s important to note that the IRS considers PFD payments as taxable income, so residents should plan accordingly when filing their taxes.

Alaska’s PFD remains a vital financial resource, but its future is subject to ongoing political and economic discussions. Whether the amount ends up being $3,900 or closer to $1,400, eligible residents should apply before the deadline to secure their share.

FAQs

How much is the 2025 PFD check?

The amount is uncertain, but estimates range from $1,400 to $3,900.

When is the application deadline?

The deadline to apply is March 31, 2025.

Who qualifies for the 2025 PFD?

Full-time Alaskan residents in 2024 without felony convictions.

When will payments be made?

Payments are expected to be issued by October 2025.

Is the PFD taxable?

Yes, the IRS considers PFD payments as taxable income.

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