As of September 2024, the Alaska Department of Revenue has announced that the 2024 Permanent Fund Dividend (PFD) will be $1,702 per eligible resident. This amount includes the standard dividend of $1,403.83 and a one-time energy relief payment of $298.17, aimed at assisting residents with energy expenses.

Eligibility Criteria:

To qualify for the 2024 PFD, applicants must meet the following requirements:

Residency: Must have been a resident of Alaska for the entire calendar year of 2023 and intend to remain an Alaska resident indefinitely.

Absence: If absent from Alaska for more than 180 days in 2023, the absence must be for an allowable reason, such as education, military service, or medical treatment.

Criminal Record: Must not have been convicted of a felony or incarcerated for a misdemeanor conviction during 2023.

Prior Benefits: Must not have claimed residency or received benefits from another state or country since December 31, 2022.

Payment Schedule:

Direct Deposit: Payments will begin on October 3, 2024, for eligible applicants who filed online and chose direct deposit.

Paper Checks: For those who opted for paper checks, payments will be mailed out starting October 24, 2024.

Over 600,000 Alaskans have been deemed eligible for this year’s distribution, with the state allocating more than $914 million for these disbursements. For more detailed information or to check the status of your application, please visit the Alaska Permanent Fund Dividend official website.