Enterprise Minister Tim Johnston says a £2.2 million government loan to King William's College is fully repayable.
In the House of Keys this week he faced questions from members about the loan facility offered by his department.
He said the money would be used to support the future of the school in the south of the Island.
But he denied he had any conflict of interest because he was a former student:
Dawn Walk with the Samaritans this weekend
The Isle of Man Samaritans are holding their Dawn Walk event this weekend.
Airport issues travel advice amid bus strike
Ronaldsway Airport is advising people to pre-book taxis to make sure they don't miss flights during the latest bus strike.
UK farmer conned out of thousands for "Manx" shepherd's hut
A UK farmer says buying a shepherd's hut from the Isle of Man for his yurt village turned out to be an expensive mistake - after handing over £4,200 to scammers.
TT team founder's life to be celebrated in Leeds
The life of the founder of one of the TT's most iconic teams will be celebrated next month.
Manx Care rapped over Roundhouse FOI response
Manx Care's become the third government organisation in a week to face criticism over its handling of a Freedom of Information request.
New Indian restaurant for Onchan?
Onchan could soon be getting a new Indian restaurant.
Island's lowest-paid workers get pay rise next week
The Island's minimum wage is set to increase next week.
Sharp rise in Northern Civic Amenity Site costs expected
The estimated cost of disposing of waste in the north of the Island this year has risen by more than 20 per cent.
