Personal Finance

$1,702 Stimulus Checks for April: Are You Eligible for This Payment?

The PFD program will provide a $1,702 stimulus payment to Alaska residents in April 2025, aimed at addressing rising living costs and boosting the local economy.

$1,702 Stimulus Checks for April: Alaska residents are set to receive a $1,702 stimulus payment in April 2025 through the state’s Permanent Fund Dividend (PFD) program. This money comes from Alaska’s oil revenues and is designed to help residents with rising living costs while boosting the local economy. But who exactly qualifies for this payment? Here’s what you need to know.

$1,702 Stimulus Checks for April: Eligibility

Resident requirement

  • Applicants must be permanent residents of Alaska.
  • Applicants should have lived in Alaska for at least 180 days during 2024.
  • If temporarily absent due to military service, employment, or education, specific criteria must be met.

DOGE Could Change Social Security: What It Means for Your Benefits?

Age limit:

  • Minor children can receive the PFD share, but their applications must be completed by a guardian.
  • Individuals aged 18 or older can submit an application.

Good standing with the state:

  • Applicants must not have been convicted of a serious crime.
  • Individuals who are delinquent on child support payments or have failed to comply with other legal obligations may be ineligible for the PFD.

Application Deadline:

  • The application period for the 2025 PFD usually opens in the spring and closes in the summer.
  • Claims submitted after the deadline will not be accepted.

Did You Get a Social Security Overpayment Letter? Here’s What the New Rule Means

How Are Payments Sent?

Approved recipients will get their money in one of three ways:

  • Direct deposit: Fastest option for those who provided bank details
  • Prepaid debit card: For people without bank accounts
  • Paper check: slowest method, mailed to your address

Payment Schedule

If your application was approved early, you may have already received your payment on March 20. Otherwise, the next distribution dates are April 17 (for applications processed by April 9) and May 15 (for those processed by May 7).

This stimulus payment is part of Alaska’s long-standing effort to share its oil wealth with residents. While this year’s application window has passed, eligible Alaskans should prepare early for next year’s PFD by keeping their residency and legal status in good standing.

Farheen Ashraf

Farheen Ashraf is a History graduate. She writes on a variety of topics, including business, entertainment, laws, poetry, stories, travel, and more. Her passion for writing has led her to explore a variety of genres.

Recent Posts

$400 Stimulus: Americans to Receive Checks Without Any Paperwork

Millions of Americans will soon receive a $400 stimulus check automatically. No application or paperwork…

21 hours ago

Who is Zohran Mamdani? The Democratic Socialist Running for NYC Mayor

Zohran Mamdani, a 33-year-old democratic socialist, is running for New York City mayor with plans…

21 hours ago

$1,702 Stimulus Payment Date Confirmed: When Will You Get Your Deposit?

Alaska residents waiting for their $1,702 stimulus payment won’t have to wait long. The next…

2 days ago

Claiming Social Security: Should You Start at 62, 67, or 70?

Choosing when to start Social Security at 62, 67, or 70 can change how much…

2 days ago

High-Yield Savings Accounts in 2025: Still a Good Idea in 2025? Experts Explain

High-yield savings accounts are still giving better interest than regular ones in 2025. Experts say…

3 days ago

When is it The Right Time to File for Bankruptcy? Here’s How Much Debt is Too Much

If your debt is more than half of your yearly income and keeps growing, it…

3 days ago