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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