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Taylor Swift to Receive Billboard's Woman of the Year Award!

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Oct. 11 2011, Published 9:18 a.m. ET

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They grow up so fast! Country cutie Taylor Swift has been chosen as this year's recipient of Billboard's Woman of the Year Award!

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Billboard announced today that Taylor, a four-time Grammy winner, will receive the Woman of the Year Award at the 2011 Billboard Women in Music even in NYC on Dec. 2.

At just 21-year-old, Taylor is the youngest artist to receive the award!

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Taylor is currently on her Speak Now World Tour for her third album which sold over a billion copies in its first week. She made history on the Hot 100 chart by having charting 11 songs from the album in one week.

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The other night, Taylor performed in Dallas and has special guest B.O.B accompany her on stage to sing "Airplanes."

"Tonight was like a dream," she Tweeted. "That crowd.. The biggest indoor stadium in the world. And singing 'Airplanes' with B.O.B. !!!!! (@bobatl)"

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And it looks like more of her dreams are being fulfilled. Congratulations, Taylor!

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