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FAQ
  Michigan Education Trust
How does MET pay for future tuition?
 
Answer:
Purchasers buy a contract for tuition for a certain number of semesters; (2 semesters = 1 year). The State's experienced money managers at the Department of Treasury invest the funds. Currently the funds are conservatively invested in 30% equities and 70% bonds. MET uses the funds and investment earnings to pay MET beneficiaries' tuition costs and mandatory fees.

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