$1,702 coming to Alaska: here are the conditions to receive it

Marca

Alaska residents may receive a $1,702 payment this fall through the Alaska Permanent Fund, a program funded by state oil revenues. To qualify, applicants must have lived in Alaska all of 2024, plan to remain indefinitely, not claim residency elsewhere since December 2023, and be physically present for at least 72 consecutive hours in 2023 or 2024. Payments are scheduled for October 2, October 23, and November 20 depending on application status. For many households, this distribution will provide timely financial relief ahead of the harsh Alaskan winter.

Transcript

00:00This October, a $1,702 payment is set to be deposited for eligible Alaskans.

00:07The money comes from the Alaska Permanent Fund,

00:09a program fueled by the state's oil revenues that has supported residents for decades.

00:14To receive the check, you must meet four key requirements.

00:181. Be a resident of Alaska throughout 2024.

00:212. Intend to remain in the state indefinitely.

00:243. Not have claimed residency elsewhere since December 2023.

00:284. Be physically present in Alaska for at least 72 consecutive hours in 2023 or 2024.

00:36Payments are scheduled in three waves.

00:38October 2nd for applications ready by September 18th.

00:42October 23rd for those in eligible unpaid status by October 13th.

00:47And November 20th for those still in that status as of November 12th.

00:52For many households, this $1,702 boost will provide much-needed financial relief heading into winter.

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