Popular $28K Stimulus Program Is Back to Eligible Americans, Here’s What to Know Now

Alaska’s Permanent Fund Dividend (PFD), one of the most consistent and unique stimulus programs in the country, is once again distributing payments to eligible residents in 2025. For many Alaskans, this isn’t just a one-time relief – it’s a return of resource wealth that has, over the years, added up to more than $28,000 per person. As the July 17 payment date approaches, time is running out for thousands who still need to complete or update their applications.

This year’s PFD cycle is particularly important for those who reached the “Eligible – Not Paid” status by July 9. If you’re among them, your deposit is scheduled for July 17, making this date a pivotal moment for receiving your funds. However, eligibility for the payment goes beyond checking a box. There are firm residency rules, strict deadlines, and documentation requirements that every applicant must meet.

Understanding Alaska’s Permanent Fund Dividend: Who Gets Paid?

Permanent Fund Dividend

The PFD, established back in 1976, is Alaska’s way of ensuring that the state’s oil wealth benefits every qualifying resident. It delivers a portion of earnings from the state’s oil investments straight into the hands of Alaskans who meet the criteria. To qualify, individuals must have lived in Alaska for the full calendar year prior—in this case, from January 1 to December 31, 2024. Even short breaks from residency during that year, unless under specific exceptions, can lead to disqualification.

But continuous presence isn’t the only requirement. Applicants also need to show they intend to stay in Alaska for the long haul. The state allows certain approved absences—like military service, college attendance, medical treatment, or work travel—but exceeding 180 days away without qualifying reasons disqualifies you. Those with felony convictions or incarceration in 2024 are also ineligible.

Key Payout Dates and What You Need to Do

Stimulus checks from the PFD will be deposited in three rounds depending on when your application moved to the “Eligible – Not Paid” status. If yours hit that mark before June 11, your payment likely arrived on June 18. For those who met the status by July 9, the next round of payments goes out on July 17. Another wave is coming on August 21 for applicants whose status changes by August 13.

You can monitor your application status and payment updates anytime through the myPFD portal. Keep in mind: from July 7 to July 18, the state’s PFD offices will shut down for in-person services as staff focus on processing these mass payments. So if you need help, the online portal is your only option during that period.

Missing the Deadline? Here’s What It Means

Applications for the 2025 PFD had to be submitted by March 31, and there’s no wiggle room. If you missed that window, unfortunately, you’ll have to wait until next year’s application period. Applying is completely free and can be done online or by mail, but it requires attention to detail. Simple mistakes—like an incorrect bank account number—can hold up your payment for months.

To apply, you need a valid Alaska ID, proof of your full-year 2024 residency, your Social Security number, and bank details if you want direct deposit. While paper checks are still an option, choosing direct deposit speeds up your payment and avoids the risk of mail delays.

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