$1702 stimulus payment in October 2025? Here's the truth
Posted on: Sep 22, 2025 14:14 IST | Posted by: Hindustantimes
The last frontier lasting monetary fund Dividend (PFD) was created in 1982 to apply residents a portion out of the state’s resource wealth. The program is funded by investment earnings from oil and mineral royalties, according to Marca.
For 2025, the dividend amount is $1,702 per person. The calculation is based on a five-year average of fund earnings, minus expenses and state obligations. Here's a look at eligibility requirements, payment schedule and more.
To qualify for the 2025 PFD, residents must:
Children may receive the dividend if a parent or guardian meets the requirements and applies on their behalf.
Also Read: Social Security’s 2026 COLA forecast rises — what it means for retirees
October 2, 2025: Direct deposit for online applicants listed as “Eligible-Not Paid” by September 18.
October 23, 2025:Paper applications and check payments for those “Eligible-Not Paid” by October 13.
November 20, 2025: Payments for applicants still listed as “Eligible-Not Paid” by November 12.
Additional payments will be issued monthly for pending cases.
Applicants can check their status through the state’s secure myAlaska portal. The site allows residents to confirm if they are “Eligible-Not Paid” and view payment dates. Officials warn of phishing attempts and note that myAlaska does not send emails or text messages requesting passwords.
The PFD is an important source of income for Alaska households. Many families use the money for rent, food, and fuel, while others save or invest it. In rural areas, where costs are higher, the payments are especially significant. The program also supports local businesses, as much of the dividend money is spent within the state soon after distribution.
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