Alaskans who filed online for this year’s dividend and selected direct deposit will see the money in their accounts on Oct. 1, according to the Permanent Fund Dividend Division.

More than 600,000 Alaskans will receive a $1,200 payment this fall.

Alaskans who filed paper applications, and those who asked for their payments by check rather than direct deposit, will have to wait until the end of the month. The division said it plans to mail out checks from Juneau starting on Oct. 22.

The single payment includes two legislative appropriations: A $1,000 PFD, the same as last year, plus a $200 energy-relief addition to help Alaskans pay the higher costs of gasoline, heating oil, marine fuels and electricity driven by rising oil prices due to the U.S. war against Iran and its hit to global oil supplies.

The Legislature voted to share some of the higher oil tax and royalty revenues coming into the state general fund with individual Alaskans.

The energy-relief payment will cost an estimated $128 million, driving up the price tag of the total dividend this fall to about $750 million.

The dollars will come from the state general fund, which gets much of its money from investment earnings on the state’s oil-wealth savings account, along with oil taxes and royalties.

The Permanent Fund was worth $88 billion on July 31, the most recent financial statement available.

For PFD applications still under review, the division said it will send out payments on a monthly basis as it determines eligibility.

Individuals can check the status of their application, submit updated information or questions, and find other details about the dividend program at https://pfd.alaska.gov/.

The state has paid out almost 619,000 dividends for the 2025 application year, with more awaiting eligibility determinations while their cases are under review.

The 2024 PFD went to 624,489 Alaskans out of 666,213 applicants. The most common reason for denial is that the applicant did not meet the program’s residency requirements.

The number of eligible applicants has been in a slow decline since 644,959 in 2011.

Last year’s $1,000 PFD was the lowest since 2008, as the state budget has been squeezed by declining oil production — and revenues — and higher spending on public services.