$1702 Stimulus Payment: Residents of Alaska are set to benefit from a special financial package this June in the form of a $1,702 Stimulus Payment. This payout, managed by the Alaska Department of Revenue, includes both the annual Permanent Fund Dividend (PFD) and a one-time Energy Relief Payment. These funds come from the state’s revenue earned through the sale of natural resources, helping to share the profits with Alaskans.
This year’s payment offers much-needed support amid rising living expenses and energy costs. It is especially helpful for families and individuals who are facing increased financial pressure. Whether you’ve already received part of your PFD or are expecting the full benefit soon, this article outlines all you need to know about eligibility, how to check your status, and when you can expect your money.
$1,702 Stimulus Payment
The $1,702 Stimulus Payment is being distributed to eligible residents of Alaska. It’s made up of two parts: the annual PFD and a one-time Energy Relief Payment. While the PFD is issued every year, the additional relief amount was added this time to help citizens cope with rising fuel and utility costs. This financial boost not only eases current expenses but also reflects the state’s initiative to reinvest profits from its natural resources into the lives of its people.
Overview Table: $1,702 Stimulus Payment – At a Glance
Detail | Information |
Total Payment | $1,702 |
PFD Amount | $1,403.83 |
Energy Relief Amount | $298.17 |
Program Name | Permanent Fund Dividend (PFD) |
Managing Authority | Alaska Department of Revenue |
Application Deadline | March 31, 2025 |
Eligible State | Alaska |
Payment Delivery | Direct Deposit |
Website | pfd.alaska.gov |
About the $1,702 Stimulus Payment
The payment package is a combination of the Permanent Fund Dividend and a one-time Energy Relief Payment. The PFD represents a share of Alaska’s natural resource revenue, which is distributed among eligible citizens each year. This year’s PFD amount is $1,403.83. To further support residents, an additional $298.17 was added as a one-time energy relief payment to help offset higher utility and fuel costs. Together, they form the total $1,702 Stimulus Payment, offering financial support during a time of inflation and economic strain.
$1,702 Stimulus Payment Eligibility
Not everyone automatically qualifies for the full payment. You must meet specific criteria to be on the list of beneficiaries:
- You must be a legal resident of Alaska.
- If you worked or traveled outside the state, you must have stayed in Alaska for at least 72 consecutive hours during the qualifying year.
- You should not have any serious criminal record or be serving time in jail within the last year.
These rules ensure that the payment reaches residents who actively contribute to the community and are in good standing.
How to Apply for $1,702 Stimulus Checks in 2025
The application period for the 2025 PFD and stimulus check has ended. The form was open from January 1 to March 31, 2025. Anyone who submitted their application during this window and met all the eligibility requirements is set to receive the payment. If you missed the deadline, you’ll need to wait for the next year’s cycle to apply again. The application process is managed entirely online, ensuring a simple and accessible method for all residents.
$1,702 Stimulus Payment Date
While many eligible residents have already received part of the payment, those awaiting the full $1,702 Stimulus Payment will receive it during the final disbursement round in June. This schedule applies mostly to applicants whose forms were approved in the latter stages. Payments are directly deposited into the beneficiary’s bank account. If you’ve not received the payment yet but meet the qualifications, you should expect it by the end of June.
$1,702 Direct Benefit: Is it a Monthly Payment?
This payment is not monthly. The PFD portion is given once each year based on the revenue generated from the sale of state-owned natural resources. The energy relief portion is a special, one-time support due to increased fuel prices and overall inflation. While this year’s combined amount reaches $1,702, next year’s payment may vary based on state income and economic conditions. Recipients should budget accordingly, as there will not be another deposit until the following year’s dividend.
How to Check If You Are on the List of Beneficiaries
Wondering whether you’re eligible for the $1,702 Stimulus Payment? Here’s how to confirm:
- Visit the official Alaska PFD website at pfd.alaska.gov.
- Navigate to the “Check My Application” or “Application Status” section.
- Enter your Application Confirmation Number and your date of birth.
- Your status will show whether your application was approved and when the payment is scheduled.
- If your payment is approved but still pending, check your bank account regularly for direct deposit updates.
This process ensures transparency and makes it easy for applicants to stay informed about their payment.
What If You Don’t Receive the Payment?
If June passes and you haven’t received the full $1,702:
- Check your PFD application status online.
- Make sure your bank details were entered correctly during the application.
- If all information is accurate and you still haven’t received your money, contact the Alaska Department of Revenue or the PFD customer support team.
- In some cases, your eligibility may be under review, or your payment might be delayed due to banking issues.
Promptly resolving any problems will help you avoid missing out on the payment.
Planning for the Stimulus Payment
With $1,702 incoming, planning how to use the funds wisely is essential. Here are a few suggestions:
- Cover essential expenses like rent, groceries, or utility bills.
- Pay down outstanding credit card or loan debt.
- Save part of the payment for emergencies or future needs.
- Use a portion to prepare for the winter season, such as heating or home repairs.
This financial support can go a long way if managed responsibly.
Final Thoughts
The $1,702 Stimulus Payment is more than just a check—it’s a reflection of Alaska’s commitment to supporting its residents through both annual dividends and emergency relief. If you applied during the designated window and met the requirements, you should see this payment land in your bank account by the end of June. Be sure to verify your status online and follow up if there are any issues.
This payment is a powerful tool for Alaskans during tough economic times. Share this information with others who may benefit, and use the funds wisely to improve your financial stability until the next dividend cycle.
FAQs
1. Who is eligible for the $1,702 Stimulus Payment in 2025?
To be eligible, you must be a legal resident of Alaska, have spent at least 72 consecutive hours in the state during the qualifying year if working outside, and have no major criminal record or recent jail time.
2. What is included in the $1,702 Stimulus Payment?
The payment includes two parts: $1,403.83 from the Permanent Fund Dividend (PFD) and a one-time $298.17 Energy Relief Payment, both funded by Alaska’s natural resource revenues.
3. How can I check if I will receive the payment?
You can check your eligibility and payment status by visiting the official website at pfd.alaska.gov, entering your confirmation number and date of birth under the application status section.
4. Is the $1,702 Stimulus Payment given every month?
No, this is not a monthly payment. The PFD is an annual benefit, and the energy relief amount is a one-time addition for this year only.
5. What should I do if I don’t receive the payment by June?
If you haven’t received your payment, check your application status online, confirm your banking information, and contact the Alaska Department of Revenue for assistance.