"I am thrilled to be joining the great talent and management team at FOX News," Palin said in a statement posted on the network's web site. "It's wonderful to be part of a place that so values fair and balanced news."
Palin will also occasionally host "Real American Stories," a series featuring true inspirational stories about Americans who have overcome adversity.
Executive Vice President of Programming Bill Shine said in a statement, "Governor Palin has captivated everyone on both sides of the political spectrum and we are excited to add her dynamic voice to the FOX News lineup."
Before politics, Palin started her career in TV news as a sportscaster.