Harvard just announced its commencement speaker

The spring semester for college students is slowly winding down, which means students in their senior year are getting ready to graduate - and schools are announcing the impressive speakers they've lined up for the event.

Harvard University announced that it has booked Academy Award-winning director Steven Spielberg to deliver the commencement speech this year, The Harvard Crimson reported on Thursday.

"Through his art, Mr. Spielberg has challenged us to dream and to see the world anew, and I am very much looking forward to welcoming him back to Harvard and to honoring him during our 365th Commencement exercises," University President Drew G. Faust said in a press release Thursday.

Spielbergs films - "E.T. the Extra-Terrestrial," "Jurassic Park," and "Saving Private Ryan," to name a few - are American classics and massive box office hits.

Spielberg is in good company among Harvard's prior choice of commencement speakers who include Bill Gates, Oprah Winfrey, and J.K. Rowling.