The $1,702 stimulus payment is not a new federal aid program but rather Alaska’s Permanent Fund Dividend (PFD) distribution for 2025. Each year, Alaska shares a portion of its oil revenue earnings with residents. For 2025, the amount has been set at $1,702, which includes both the base dividend and an energy assistance supplement.
Eligibility Criteria for August 2025
Not every Alaskan receives the money at the same time. The August 2025 deposit is specifically for residents whose applications were marked “Eligible-Not Paid” as of August 13, 2025. Applicants must have lived in Alaska for the entire year 2024, intended to remain residents, and complied with absence and legal requirements. Those who meet all these conditions will see the payment in their accounts on August 21, 2025.
Summary of the $1,702 Stimulus Payment
Detail | Information |
---|---|
Payment Amount | $1,702 (Dividend + Energy Bonus) |
Program | Alaska Permanent Fund Dividend (PFD) |
Deposit Date | August 21, 2025 |
Eligibility | “Eligible-Not Paid” status by August 13, 2025 |
Residency Requirement | Must have been Alaska resident for entire 2024 |
Distribution Method | Direct deposit or mailed check |
Next Payments | September 2025 and October 2025 (for later approvals) |
How the Payment Will Be Distributed
Payments are sent electronically through direct deposit or by mailed checks, depending on what the applicant chose during the filing process. The August 21, 2025 distribution is one of several planned batches. Residents not included in this round may still receive their payments in September or October, depending on their application status.
Why the Payment Matters for Alaskans
For many families, the PFD is more than just extra income — it helps cover household expenses, energy bills, or school costs. At a time when inflation continues to affect everyday necessities, this $1,702 deposit provides meaningful relief and strengthens the financial well-being of Alaska’s communities.
Final Thought
The $1,702 stimulus payment is more than just a financial benefit — it’s a reflection of Alaska’s unique system of sharing its natural resource wealth with its people. For residents, it represents stability and support in uncertain economic times. While not everyone will see their deposit in August, all eligible Alaskans can count on their share arriving before the end of the year. The key lesson is simple: staying informed and applying on time ensures you don’t miss out on one of the state’s most valuable programs.
Most People Ask (1702 Stimulus Payment Who is Eligible For The August 2025 Deposit)
Q1: Why is the payment $1,702?
It includes a base dividend of $1,403.83 plus an energy assistance bonus of $298.17, approved by Alaska lawmakers.
Q2: Do all Alaskans get the money on August 21?
No. Only those marked “Eligible-Not Paid” by August 13, 2025, will get it in August. Others may receive payments in September or October.
Q3: Is this a federal stimulus check?
No. This is a state-level dividend unique to Alaska and funded by oil revenues, not a nationwide federal stimulus.
Q4: How do I know if I am eligible?
Applicants can check their status on the Alaska PFD official website. If it shows “Eligible-Not Paid” before the cutoff date, the deposit will be processed.
Q5: Is the $1,702 payment taxable?
Yes. While Alaska does not tax the dividend, it must be reported as income on federal tax returns.