The 20-year-old, who came through the youth ranks at Gresty Road, has scored five goals in 37 appearances since making his professional debut in 2012.
Colclough had been invited to train with Wolverhampton Wanderers, but the Stoke-born player has opted to stay with the Railwaymen.
The winger could feature for Crewe against Port Vale on Saturday.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | BarrowBarrow | 7 | 5 | 1 | 1 | 11 | 3 | 8 | 16 |
| 2 | Gillingham | 7 | 5 | 1 | 1 | 10 | 2 | 8 | 16 |
| 3 | Walsall | 7 | 5 | 0 | 2 | 11 | 4 | 7 | 15 |
| 4 | Notts County | 7 | 4 | 2 | 1 | 14 | 7 | 7 | 14 |
| 5 | AFC Wimbledon | 6 | 4 | 1 | 1 | 9 | 4 | 5 | 13 |
| 6 | Doncaster RoversDoncaster | 7 | 4 | 1 | 2 | 11 | 9 | 2 | 13 |
| 7 | Crewe AlexandraCrewe | 7 | 4 | 1 | 2 | 7 | 7 | 0 | 13 |
| 8 | Bradford CityBradford | 7 | 3 | 2 | 2 | 9 | 7 | 2 | 11 |
| 9 | Port Vale | 7 | 3 | 2 | 2 | 11 | 10 | 1 | 11 |
| 10 | Chesterfield | 7 | 2 | 3 | 2 | 10 | 6 | 4 | 9 |
| 11 | Colchester UnitedColchester | 7 | 2 | 3 | 2 | 12 | 10 | 2 | 9 |
| 12 | Grimsby Town | 7 | 3 | 0 | 4 | 9 | 12 | -3 | 9 |
| 13 | Newport CountyNewport | 7 | 3 | 0 | 4 | 10 | 15 | -5 | 9 |
| 14 | Fleetwood TownFleetwood | 5 | 2 | 2 | 1 | 6 | 5 | 1 | 8 |
| 15 | Salford City | 6 | 2 | 2 | 2 | 4 | 6 | -2 | 8 |
| 16 | Tranmere RoversTranmere | 6 | 2 | 2 | 2 | 3 | 7 | -4 | 8 |
| 17 | Bromley | 7 | 2 | 1 | 4 | 9 | 11 | -2 | 7 |
| 18 | Cheltenham TownCheltenham | 7 | 2 | 1 | 4 | 9 | 11 | -2 | 7 |
| 19 | MK Dons | 7 | 2 | 1 | 4 | 6 | 9 | -3 | 7 |
| 20 | Harrogate TownHarrogate | 7 | 2 | 1 | 4 | 6 | 10 | -4 | 7 |
| 21 | Swindon TownSwindon | 7 | 1 | 3 | 3 | 7 | 10 | -3 | 6 |
| 22 | Carlisle UnitedCarlisle | 7 | 2 | 0 | 5 | 8 | 14 | -6 | 6 |
| 23 | Accrington StanleyAccrington | 7 | 0 | 3 | 4 | 8 | 16 | -8 | 3 |
| 24 | Morecambe | 6 | 0 | 1 | 5 | 3 | 8 | -5 | 1 |
| > League Two Full Table | |||||||||
