Eligible residents in Alaska will begin to receive their payments from the state's 2023 Permanent Fund Dividend within the next few weeks.

Alaskans will begin to see their $1,300 payments from the program, passed by lawmakers in the state in May, delivered to them in 15 days.

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Payments for the 2023 Permanent Fund Dividend will be sent out on Oct. 5 to those who filed electronically, requested direct deposit, and had the "eligible not paid" status as of Sept. 21, per the state.

From Jan. 1 to March 31 of each year, residents of the "Last Frontier" can apply for the program. Outside of the usual application timetable, there are exceptions for some people to apply at different times.

An applicant must be an Alaska resident who intends to remain a resident of the state indefinitely at the time of filling out the application to be eligible for the Permanent Fund Dividend. In addition, the applicant must also not be a convicted felon and not be claiming residency in another state during that year.

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The Permanent Fund Dividend amounts are determined by mineral revenues for the state that year and are sent to Alaska residents "to benefit current and future generations."

The Alaska Department of Revenue says that any residents who have yet to be paid their 2022 or earlier year dividends and are "determined eligible during this time" will also be paid on Oct. 5.