On June 18, 2025 many Alaskan citizens will be receiving $1702 Stimulus Payments. These particular payments are a part of the annual Permanent Fund Dividend (PFD) share and managed by the Alaska Department of Revenue. However, this year we are seeing a special one time energy relief payment addition.
This has significantly increased the benefit amount and has ultimately provided extra room to the beneficiaries. The payments come from the profit accumulated by the date from the sale of natural resources. This is their way to share a part of the profit with the citizens. So if you are also curious to know more about this, then this article is for you.
$1,702 Stimulus Payment Arriving on June 18, 2025
Many eligible beneficiaries have already received a portion of this payment. Soon the rest of the beneficiaries will also receive the payment. The PFD Checks are a great help from the government when it comes to assisting the citizens with rising inflation and the cost of living. With this money they can plan their finances in a better way. Today, I’ll tell you every little about this program such as its background, eligibility, application and the payment date.
$1702 Stimulus Payment 2025- Overview
| Article Name | $1,702 Stimulus Payment Arriving on June 18, 2025 |
| Total Amount | $1702 |
| Program | Permanent Fund Dividend |
| Department | Alaska Department of Revenue |
| Payment Date | June 18, 2025 |
| Program State | Alaska, USA |
| Last Date For Application | 31 March 2025 |
| Payment Method | Direct Deposit |
| Official Website | pfd.alaska.gov |
About the $1,702 Stimulus Payment
The PFD payment by the Alaskan Government will act as a huge relief for the eligible beneficiaries in this high inflation times. However, the payment is not as simple as it looks as there are two different components that are in there that make the complete stimulus payment of $1702. So let’s have a look at that:
Permanent Fund Dividend (PFD) –
The Permanent Fund Dividend is an annual payment that is currently being provided to thousands of citizens in Alaska. The state provides this particular benefit every year to various eligible taxpayers. Now the payment for this particular amount comes from the profit that the Alaskan government makes. They sell their natural resources and distribute the profits amidst the eligible citizens. This particular step is taken to ensure the participation of the citizens in the resources of the states. For PFD the government will be giving $1,403.83 per eligible beneficiary.
Energy Relief Payment –
For the remaining $298.17 payment the government will provide it in the form of Energy Relief Payment. This would be a one time benefit to the citizens that aims at providing relief to them against the rising inflation and cost of fuel.
$1702 Stimulus Payment Eligibility
So in order to receive the payment of $1702 Stimulus Check there are some eligibility criteria that an individual needs to fulfil based on that the department will identify the beneficiaries and provide the benefit amount:
- In order to be eligible you must be a legal resident of Alaska.
- If you work outside then for the last financial year you must have at least stayed for 72 hours in the state.
- Your good standing with the law is also required. Which means you must not have any big criminal cases against you. Also you must not have been in Jail in the past 12 months.
How To Apply For $1702 Stimulus Checks in 2025?
Currently the application process for the 2025 PFD payment has been closed. The department was accepting the applications from 1 January 2025 to 31 March 2025. After that the department was not accepting any forms. So if you’re someone who has already filled in the form in the given timeline then you’ll be considered for the payment based on your eligibility. The stimulus payment is a great way for the government to share their profits from the same of natural resources such as oil and gas. A total of 60000 citizens of the state will be receiving this benefit and it will make their life a lot easier.
$1702 Stimulus Payment Date
The whole program is currently being managed by the Alaska Permanent Fund Corporation. They also manage the resources and its sale. Now if you’re thinking when you’ll receive the payment then we have news. The corporation has indicated that the eligible beneficiaries will start to receive their amount from June 18, 2025.
So soon you’ll receive your money in your specific bank accounts. But his particular date is for those whose applications were approved late, as many eligible citizens have already received the payments for this year. The $1702 payment will be very beneficial for the recipients in these expensive times
$1702 Direct Benefit Is it Monthly Benefit?
The PFD Payment is an annual payment that is given by the government from the profits that they have earned from the sale of state’s natural resources. It is not at all a monthly benefit payment. As a matter of fact next you might not receive the full $1702 payment as the PFD competent in this amount is only $1,403.83 this year. The rest is a one time energy relief payment provided by the government seeing rising file prices. So use this payment wisely as you won’t be getting anything more until next year.
We have provided you with all the details about the $1702 Stimulus Check. With this information, you can plan your finances in a better way. Many beneficiaries have already received the payment however, if you haven’t received it yet then you’ll surely receive it on June 18. Even after that if you haven’t received it then there might be an issue with your eligibility, so you should contact the concerned authority in order to get the real picture.
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