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:
Ballakilpheric Road shuts tomorrow
A road in the south of the Island will close for nearly seven weeks.
Peel Carnival needs you!
One of Peel's biggest events is looking for volunteers to help organise it.
Commissioners looking for new clerk
Jurby commissioners say they're looking for a new clerk and finance officer.
Nobody charged for paper Manx Utilities bills, says chair
Manx Utilities chairman John Wannenburgh says nobody pays to receive a paper bill.
Should cohabiting couples get married tax breaks?
Questions about whether cohabiting couples should get equal tax rights to those who are married will be raised in Tynwald next week.
Repairs on Peel Power Station to get underway
Manx Utilities says it's hoping to start fitting replacement flues to Peel Power Station next week.
Manx Care doctor survey to be discussed by Tynwald
How will the Government respond to a damning survey by the British Medical Association?
Weather warning for snow tonight
A yellow weather warning about more freezing weather will come into force later.
