Iron boss Brian Laws has confirmed that he has already spoken to Blues boss Steve Bruce about keeping the 20-year-old striker at Glanford Park for the remainder of the season.
"I have already spoke to Steve Bruce today about him and we're going to extend that loan," Laws told the Scunthorpe Telegraph.
"I've got him for as long as I want. Steve Bruce is happy with him here and the player is happy here.
"I can play him in a few positions. I've seen him both up front and I've seen him out wide. If you feed him the ball, he's a good player."
Till has so far made three starts for Scunthorpe since joining on loan at the end of September but is yet to score for The Iron.