Finance Minister Yuval Steinitz on Friday dispelled media reports that he had offered the Ariel University Center (AUC) NIS 100m. for the 2013 budgetary cycle.
"The headline talking about NIS 100m. for the AUC is baseless," he said. "This sum is a complete fabrication, and there is nothing even resembling it that has been offered to the AUC."
Steinitz reaffirmed his support for the ongoing efforts to grant official university status to the AUC, and said that his ministry would be ready to provide some level of financial support for the institution of necessary.