The five-time Academy Award nominee and twice Golden Globe winner will be presented with the award to honour a career that has enticed audiences for more than 30 years.
Close made her big screen splash in the 1982 film "The World According to Garp", for which she earned her first Academy Award nomination for Best Supporting Actress.
Since then she has played unforgettable roles such as an obsessed bunny-boiling killer in "Fatal Attraction", the evil but calamitous Cruella de Vil in "101 Dalmations" and a French aristocrat in "Dangerous Liaisons".
Close will also introduce her latest work, "Albert Nobbs," a movie directed by Rodrigo Garcia, which depicts life in 19th century Ireland at the Festival.
News article written by Sarah Richardson
