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:
STEMfest returns to Villa Marina next year
Primary school pupils will be taking part in a huge science and technology event next year.
Function room unveils indoor playground plans
A venue in Laxey could turn its function room into an indoor playground, if planners give the green light.
Fly Direct launches next summer’s European flights from Ronaldsway
Direct flights from Ronaldsway to Europe for next summer have gone on sale.
Passport and immigration counter to close Thursday and Friday
The government's public counter for passports, immigration and nationality will be closed this Thursday and Friday.
Suicide prevention protest planned for outside Tynwald
A suicide prevention protest is taking place outside Tynwald next month.
Peel Castle renovation work starts this month
One of the Island's best-known landmarks will be getting a £70,000 makeover later this month.
Mountain Road closed because of weather
Police say the Mountain Road will be shut until lunchtime today.
Onchan chemist unveils revamp plans
A pharmacy in Onchan could be getting a fresh new look, if planners give the green light.
