HPP: Yes, it’s that wonderful time of year once more when Alaskans look forward to their yearly “PFD payday”—a small financial boost that keeps us from going entirely cold.
The Permanent Fund Dividend is here to remind us why Alaska is the Last Frontier of shared wealth, whether your goal is to pad the sled dog fund, replace that parka that was held together with duct tape, or simply load up on fish fillets.
So, before the deadline approaches more quickly than breakup season on the Chena River, take your coffee, brush off the moose footprints, and make sure your documentation is ready!
The Alaska Permanent Fund Corporation was created in 1976 to manage the state’s oil earnings and distribute it to citizens, assisting them in meeting necessities such as housing, food, and medical care.
By giving citizens a share of the state’s oil and gas profits, the PFD makes guarantee that Alaskans directly profit from these resources.
For those who fulfill the conditions, it offers a dependable annual income under the management of the Alaska Permanent Fund Corporation.
Who is eligible for the PFD in Alaska?
The amount rose to $1,702 in 2025, and approximately 600,000 Alaskans were eligible for aid. Applications for 2024 (and prior years) dividends that are listed as “Eligible-Unpaid” as of January 8, 2025, will be paid out on January 16, 2025, the PFD website states.
To be eligible, a person must be a registered resident of Alaska, have resided there for a minimum of 12 months, and have no immediate plans to move.
You must not have been jailed for a felony during the last 12 months and must have been in Alaska for at least 72 hours in a row within the previous two years.
You are also ineligible if you have a history of a felony or two misdemeanors since January 1, 1997, and if you have been incarcerated for a misdemeanor within the last 12 months.
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What paperwork is required in order to apply for the PFD?
Organizing your paperwork for the Alaska Permanent Fund Dividend (PFD) is easy, but having it ready to go can help you avoid any last-minute problems. The following checklist will help your application go smoothly:
- Proof of Residency: Prior to applying, you must provide proof that you have lived in Alaska for a minimum of 12 months in a row. Utility bills, rental agreements, and other formal paperwork proving your address within the state are acceptable documents.
- Government-Issued Identification: To verify your identification, you must present a legitimate photo ID, such as a driver’s license, state ID card, or passport.
- Birth certificates or adoption papers (for dependents): You will need to submit documentation of your relationship with the kid or dependant, such as a birth certificate or official adoption paperwork, if you are applying on their behalf.
- Proof of Time Spent in Alaska: If necessary, you might have to provide documentation proving that, within the previous two years, you were in the state for at least 72 hours in a row. Travel logs, work logs, and attendance records at school are examples of this.
- Social Security Numbers: Your Social Security number and, if relevant, your dependents’ numbers must be included on your application.
- Previous PFD Information (if applicable): If you have previously applied for the PFD, it may be useful to have documentation of your previous applications or payment details, particularly if there are inconsistencies.
- Military or Student Records (if applicable): You might need to provide additional documentation proving that you intend to return to Alaska in the near future if you are a local Alaskan studying out of state or if you are presently serving in the armed forces.
Between January 1 and March 31, you can mail or submit your application online once everything is ready.
How Do Payments Get Disbursed?
Payments from the Alaska Permanent Fund Dividend (PFD) are made in two ways. The majority of receivers would rather have their bank account credited directly.
A paper check, which will be mailed to the registered address on the application form, is an additional option.