Payments of $3,200: in which state, deposit dates and requirements for collection
Thanks to the Alaska Permanent Fund, residents of the state may be eligible for a one-time payment of up to $3,200. Here are the eligibility requirements.
The United States has various economic aids, both at the federal and state level. Such is the case in Alaska, where the government will issue one-time payments of up to $3,200 dollars to residents who meet certain eligibility criteria.
These payments are made possible by the state’s Permanent Fund Dividend (PFD), a program that has been in effect for four decades and whose main objective is to encourage families to remain in the state and avoid migration to another region of the country.
Deposit dates and payment amounts
According to the program’s website, dividend payments for 2023 and prior years will be issued in September for all those whose payment status is “Eligible-Not Paid.” Since the PFD is funded through investment revenue from oil, the amount of aid varies from year to year, based on oil industry revenue.
For fiscal year 2021, the amount was $1,114; in 2022, $3,284; and in 2023, $1,312; which means that the amount to be received will depend on the year for which the resident is eligible, resulting in a maximum payment of up to $3,200 per person.
Requirements to receive checks of up to $3,200 dollars in Alaska
The application process is currently closed. However, to be eligible for payments, residents must have met the following eligibility criteria:
- Be a resident of Alaska
- Intend to stay in the state permanently
- Not have been outside of Alaska for more than 180 days
- Be physically present in the state for at least 72 consecutive hours in 2021, 2022, or 2023
- Not have claimed residency in another state or country
- Not have been convicted of a felony or misdemeanor
You may also be interested in: What you should do if you find money on the street, according to the law
The window to submit applications opens during the first quarter of the year, and the application can be submitted through the Alaska Department of Revenue website or in person at one of the PFD offices in the state.
If you have other questions about further details of the program you can check the Alaska Permanent Fund Dividend website’s Frequently Asked Questions page.