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In this video tutorial, the presenter demonstrates how to change the format and font style of a table of contents in Microsoft Word. They explain that there are two types of fonts to consider - the font of the heading "Table of Contents" and the font of the contents within the table. To change the font of the heading, you simply need to click on it, go to the home tab, and modify the font style. The same process can be applied to the contents within the table. You can watch previous videos on creating a table of contents with just one click for more information.