If confirmed as the new Doctor, Piper will be the third woman to have played the role, following Whittaker and Jo Martin.
Piper added: "It's no secret how much I love this show, and I have always said I would love to return to the Whoniverse as I have some of my best memories there, so to be given the opportunity to step back on that Tardis one more time was just something I couldn't refuse, but who, how, why and when, you'll just have to wait and see."
Moments after the series finale aired, Piper shared a series of photos on Instagram, including two selfies of her holding a white rose and two of her playing the character Rose. The caption under the photos read: "A rose is a rose is a rose !!!"
Doctor Who showrunner and head writer Russell T Davies said: "Billie once changed the whole of television, back in 2005, and now she's done it again!
"It's an honour and a hoot to welcome her back to the Tardis, but quite how and why and who is a story yet to be told.
"After 62 years, the Doctor's adventures are only just beginning!"
Piper first appeared in the show in 2005 when it returned to TV for the first time since the 1990s, appearing alongside Christopher Eccleston and then David Tennant.