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

Alaska residents are receiving a welcome financial lift this June in the form of a $1,702 stimulus check, combining the annual Permanent Fund Dividend (PFD) with a one-time energy relief payment. With inflation and energy costs rising steadily, this payout—funded by the state’s oil revenue—is designed to offer much-needed relief to thousands of Alaskans. If you live in Alaska, it’s important to check your eligibility and know when to expect your payment.

What Is the $1,702 Stimulus Check?

This year’s total payment of $1,702 is a combined benefit:

Component	Amount
Permanent Fund Dividend (PFD)	$1,403.83
One-Time Energy Relief Payment	$298.17
Total Payment	$1,702.00

The Permanent Fund Dividend, established in 1976, shares profits from Alaska’s oil and natural resource revenues with its residents. This year’s PFD includes a 30% increase over last year’s distribution, marking one of the largest payouts in recent history.

Combined with the energy relief check, the total aims to help households absorb rising utility costs, particularly in a state known for its harsh winters and high cost of living.

When Will You Receive the $1,702 Payment?

The Alaska Department of Revenue has outlined a clear payment schedule based on your application status. Here are the key payout dates:

Payment Date	Eligibility Status
June 3, 2025	Early applicants with complete and verified documentation (via direct deposit)
June 17, 2025	Claims marked “Eligible-Unpaid” as of June 9
May 15, 2025	Claims marked “Eligible-Unpaid” as of May 7

Those who opted for direct deposit will receive their funds directly into their bank accounts. All others will be paid by check or alternative methods based on their application preferences.

To track your status, log into the myPFD portal, where you can view real-time updates on your application.

Who Is Eligible for the $1,702 PFD Payment?

To qualify for the 2025 Alaska PFD and the additional energy relief stimulus, applicants must meet specific criteria:

• Residency: Must be a permanent Alaska resident for the entire calendar year preceding your application and intend to remain indefinitely.
• Physical Presence: Must have been physically present in Alaska for at least 72 hours within the last 24 months.
• Criminal Record: Must not have been incarcerated for a felony in the past year, nor have multiple misdemeanors since January 1, 1997.

Special Exceptions

Although the standard application deadline closed on March 31, 2025, exceptions may apply to:

• Military personnel serving in hostile areas
• Applicants with disabilities
• Individuals applying on behalf of a deceased person

Those with special circumstances should contact the Alaska Department of Revenue directly for further guidance on how to apply.

Why This Payment Matters

The $1,702 payout comes at a time when many households in Alaska are struggling with the rising cost of utilities, especially heating and energy. Approximately 60,000 Alaskans are expected to benefit from this year’s enhanced stimulus.

This initiative is part of Alaska’s long-standing effort to use its oil wealth not just for government budgets but to support residents directly. The combination of a larger PFD and energy relief shows a commitment to shielding residents from economic volatility and environmental extremes.

Additionally, California has followed suit by reopening its relief program, offering $725 in state-level stimulus payments in June.

June is shaping up to be a financially favorable month for many Alaskans, thanks to the $1,702 stimulus check. Whether you’ve already received your payment or are still waiting, make sure to verify your application status, and contact the Department of Revenue if you encounter any delays. Programs like the PFD underscore the importance of state-level efforts to ensure citizens benefit from shared natural resource wealth.

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