New Stimulus Checks Hitting Bank Accounts — $1,702 Payments in June

Alaskans are getting a welcome financial boost this April with the distribution of $1,702 stimulus payments, courtesy of the state’s Permanent Fund Dividend (PFD) program and a special one-time energy relief check. As utility costs and general living expenses continue to rise, this payout is expected to offer much-needed economic relief to tens of thousands of eligible residents across the state.

Breaking Down the $1,702 Stimulus Check

The $1,702 payment isn’t just one check—it’s made up of two parts:

Component	Amount
Permanent Fund Dividend (PFD)	$1,403.83
Energy Relief Payment (One-time)	$298.17
Total	$1,702

This year’s PFD marks a 30% increase from last year, reflecting stronger oil revenues that feed into the Alaska Permanent Fund. The program, which began in 1976, was created to distribute a share of the state’s oil wealth to residents, both as a means of present-day relief and a legacy investment for future generations.

According to state officials, around 60,000 Alaskans are expected to benefit from this combined payout—many of whom face disproportionately high energy costs due to the state’s remote location and climate.

Stimulus Payment Schedule for April and June

The Alaska Department of Revenue has outlined a clear payment schedule based on when a resident’s application was approved and their payment status. Here are the confirmed payment dates:

Payment Date	Eligibility Criteria
April 3, 2025	Applicants approved early and fully eligible with no issues
April 17, 2025	Applications marked as “Eligible-Unpaid” by April 9
May 15, 2025	Applications marked “Eligible-Unpaid” by May 7

Funds are sent via direct deposit for those who chose that option in their application. Residents should check their application status through the myPFD portal and ensure all information is up to date. If your application status reads “Eligible-Not Paid” and you haven’t received your funds, you should contact the Department of Revenue directly for assistance.

Who Is Eligible for the 2025 PFD and Energy Relief Payment?

The eligibility requirements for the $1,702 payment are well-defined:

General Requirements

• Residency: Must have lived in Alaska for the full calendar year prior to applying.
• Intent to Remain: Applicants must intend to remain residents indefinitely.
• Physical Presence: Must have been physically present in Alaska for at least 72 hours in the past 24 months.

Disqualifying Factors

• Felony Convictions: Incarceration for a felony in the prior year disqualifies applicants.
• Multiple Misdemeanors: Multiple misdemeanor convictions since January 1, 1997 June result in disqualification.

Exceptions

Certain groups june still qualify despite missing deadlines or facing unique circumstances:

• Military personnel serving in hostile zones.
• Disabled individuals needing help with applications.
• Those applying on behalf of deceased individuals.

Applicants in these categories should contact the Alaska Department of Revenue to determine eligibility and submit required documentation.

California Adds Another Layer of Support

While Alaska rolls out the $1,702 stimulus, California is also stepping in with its own economic assistance. The Family First Economic Support Pilot (FFESP) offers $725 monthly payments to eligible low-income families with young children in select Sacramento zip codes. These state-based efforts reflect how different regions are using targeted stimulus strategies to address local economic challenges.

As inflation and utility costs continue to strain household budgets, Alaska’s $1,702 payout demonstrates the importance of well-managed state programs in delivering relief. With oil revenue fueling these payments, eligible Alaskans can use this support to cover essential expenses—and help stabilize their finances during uncertain times.

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