The emergency loan system seen as crucial to the survival of many lower division clubs has been extended until the end of the 2014-15 season, reports BBC Sport. World football's governing body Fifa had previously said it would outlaw it at the end of the current campaign.
It operates in the Football League and non-league in England and allows clubs that cannot afford big squads to sign players between transfer windows.
There are roughly 500 emergency loans in the Football League every year.
That works out at an average of seven per club - at the moment there are 177 at the 72 League clubs.
