The Permanent Fund Dividend (PDF) is a program in Alaska that gives money to its citizens from the state’s earnings from oil and gas each year.
This year, the fund made $914,315,845. It has approved $1,702 for about 600,000 eligible residents, thanks to the state’s economic success and its promise to share resources with its people.
The Alaska Permanent Fund started in 1976 to manage money from oil and share it with the state’s residents. People use this money to help pay for important needs like food, housing, and health care.
What are the requirements to apply for the Alaska PFD?
You can apply for the PFD each year from January 1 to March 31, either by mail or online. You need to submit an application for each family member.
The PFD website says that any dividend applications from 2024 and earlier that show “Eligible-Not Paid” status on January 8, 2025, will be paid out on January 16, 2025.
To qualify, you need to be a registered resident of Alaska, have lived there for at least 12 months, and not plan to leave soon.
You must have spent at least 72 continuous hours in Alaska in the past 24 months. Also, you can not have been in prison for serious crimes in the last year.
If you have been convicted of a serious crime before, or two minor crimes since January 1, 1997, you also can not have been imprisoned for any minor crimes. They should not be away from Alaska for more than 180 days in 2024.
