The university announced that Roberts will receive the award during an Oct. 6 luncheon in Phoenix.
Cronkite School Dean Christopher Callahan says Roberts has made outstanding contributions to journalism and demonstrated great personal courage.
Roberts faced public battles with breast cancer in 2007 and a bone marrow disorder in 2012.
Roberts worked for several radio and television stations and ESPN before being named co-anchor of ABC's "Good Morning America" in 2005.
The Mississippi native is a graduate of Southeastern Louisiana University.