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:
Burst water pipe affecting Onchan's supply
Manx Utilities says there's been a burst water main in Onchan this morning, Wednesday, December 3.
MHKs postpone debate on bishop losing parliamentary vote
The House of Keys has decided to postpone a debate which could see the Island's Lord Bishop lose their vote in parliament.
Isle of Man cat turns up in Liverpool - is he yours?
Has your cat gone on holiday to Merseyside?
Government unveils Food & Drink Festival replacement
Business Isle of Man says a new event called the Big Manx Feast will replace the Island's Food and Drink Festival next year.
Company "wants to leave Onchan Raceway", commissioners told
Onchan commissioners say they don't want to buy assets belonging to the company running the town's raceway.
Charity footy tournaments for Rebecca House
A series of football tournaments around the Island will raise cash for charity this month.
Church wedding and funeral fees set to rise
Getting married in church could be about to get more expensive.
Airport warns wrapped gifts might have to be opened at security
Don't take wrapped presents through airport security - in case they need to be inspected.
