The award is given to a songwriter who also performs and has achieved great recognition in pop culture, reported Billboard.
Though her latest album, Cheek to Cheek, is a collection of covers with legendary jazz singer Tony Bennett, Gaga, 29, wrote her biggest hits, including "Poker Face," "Applause" and "Just Dance."
Bobby Braddock, Willie Dixon, Robert Hunter and Jerry Garcia, Toby Keith, Cyndi Lauper and Linda Perry have previously been honoured by the Songwriters Hall of Fame.
2015 has been an exciting year for Gaga. In addition to receiving this award, she has also seen her Born This Way Foundation's efforts reach new heights and had the chance to perform a critically acclaimed Sound of Music ballad at the Academy Awards.
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