Deadline approaching: Only four days left to apply for direct payments from Alaska fund
Residents in Alaska have a limited time to apply for direct payments from the 2024 Permanent Fund Dividend program. The program provides annual checks to eligible residents based on the state’s mineral revenues. Applications can be submitted online or via paper form until March 31st. Don’t miss out on this opportunity to secure your payment! Residents in Alaska must act quickly to apply for direct payments from the 2024 Permanent Fund Dividend program. Eligible residents receive annual checks based on the state’s mineral revenues. Submit applications online or via paper form by March 31st to ensure you benefit from this opportunity!
In four days, the window for eligible residents in Alaska to apply for a direct payment from the 2024 Permanent Fund Dividend program will close.
Applications for the program, which allows eligible residents in the state to receive a check annually based on Alaska’s mineral revenues, can be filled out online or via paper form through March 31.
To qualify for a check from the PFD program, an applicant must intend to remain a resident of Alaska indefinitely and not be a convicted felon, among other stipulations.
To get a payment in 2024, a resident must apply during the application period, even if he or she has received a payment from the Permanent Fund Dividend program in prior years.
Most residents must apply during the current application period to get payment later this year, but there are some exemptions allowing some residents to apply outside the regular application period. Exceptions may be found on the state’s website.
The payment amount the Permanent Fund Dividend offers each year depends on the mineral revenues of the state for that year. In 2023, the payments sent out were worth $1,312 and have been going out to residents since October.
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“This year, we processed over 8,000 more applications than in 2022,” Alaska Department of Revenue Commissioner Adam Crum said in a statement about the 2023 payments. “The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans.”
Additional details about the PFD program, including eligibility requirements, can be found on the Alaska Department of Revenue’s website.
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