Millions of Alaskans will enjoy a financial boost this June with the arrival of the $1,702 stimulus check, also known as the 2025 Permanent Fund Dividend (PFD) payment. Funded by Alaska’s oil and gas revenues, this annual payment offers financial relief during a time of rising living costs. Here’s everything you need to know about the $1702 stimulus check coming in June 2025.
Table of Contents
What is the $1,702 Stimulus Check?
Approved under Alaska’s established Permanent Fund Dividend (PFD) program, the $1,702 payment combines two components:
- Base dividend: $1,403.83
- Energy relief bonus: $298.17
This one-time, federally untaxed stimulus injection is funded annually through the Alaska Permanent Fund — a resource set up in 1976 to share oil wealth with residents .
Payment Date: June 18, 2025
Residents listed as “Eligible – Not Paid” by June 11, 2025 will receive their checks on Wednesday, June 18, 2025. Eligible Alaskans can expect direct deposit or mailed checks based on prior banking registrations.
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Who Qualifies for the Payment?
To receive the $1,702 stimulus check, you must:
- Be a resident of Alaska for the full calendar year prior.
- Demonstrate intent to remain in Alaska indefinitely.
- Spend at least 72 consecutive hours in Alaska within the past 24 months.
- Avoid felony convictions within the last year.
- Have submitted your PFD application by March 31, 2025.
Missed the deadline? Sorry—no late applications for 2025, but you can apply again in January 2026 .
How and When Will the Money Arrive?
- Direct Deposit: Funds are electronically deposited into your bank on June 18.
- Paper Cheque: Mailed to your address if you haven’t registered for direct deposit. Delivery times may vary.
To ensure smooth delivery, verify your bank and mailing details on the myPFD portal ahead of time.
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Why It Matters
This year’s $1,702 check—boosted by an energy relief bonus—doles out a 30% increase over the previous year. While not a federal stimulus, it acts like one, giving households a financial lifeline for covering essentials like groceries, fuel, energy, and debt repayments.
In a state where inflation and living costs remain high, this annual PFD is a vital supplement to many Alaskan families’ budgets.
Important Takeaways
Summary of Key Details
| Category | Details |
|---|---|
| Total Amount | $1,702 (PFD + Energy Relief Bonus) |
| Payment Date | June 18, 2025 |
| Application Deadline | March 31, 2025 |
| Delivery Method | Direct Deposit or Paper Cheque |
| Eligibility | Alaska residency, legal presence, no felony |
What You Should Do Now
- Check Eligibility
Visit myPFD to confirm you’re listed as “Eligible – Not Paid” by June 11. - Update Payment Info
Ensure direct deposit or mailing address details are current to avoid delays. - Plan Your Budget
Use this one-time payment for essentials or long-term bills that ease upcoming financial pressures.
Final Thoughts
Alaska’s $1,702 stimulus check represents both economic generosity and resource-sharing rooted in the state’s oil wealth. With timely application and updated banking info, Alaskan residents can rely on this annual benefit to bolster their financial well-being.
Missed the deadline this year? Prepare to reapply in early 2026. In the meantime, mark June 18, 2025, on your calendar—and enjoy the boost!