The 20-year-old joined the Owls from Southampton in the summer, but has yet to feature for the Championship side.
Cumbrians manager Keith Curle said of the signing on Friday: "We're not saying anything about his name, position or parent club until 2pm on Saturday."
Young goes straight into the Carlisle squad for Saturday's game against Cambridge United.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Forest Green RoversForest Green | 26 | 17 | 7 | 2 | 55 | 21 | 34 | 58 |
| 2 | Tranmere RoversTranmere | 27 | 14 | 6 | 7 | 28 | 19 | 9 | 48 |
| 3 | Newport CountyNewport | 28 | 13 | 8 | 7 | 46 | 35 | 11 | 47 |
| 4 | Sutton UnitedSutton | 27 | 14 | 5 | 8 | 43 | 33 | 10 | 47 |
| 5 | Northampton TownNorthampton | 26 | 13 | 6 | 7 | 33 | 24 | 9 | 45 |
| 6 | Mansfield TownMansfield | 26 | 13 | 5 | 8 | 37 | 31 | 6 | 44 |
| 7 | Swindon TownSwindon | 26 | 11 | 9 | 6 | 41 | 32 | 9 | 42 |
| 8 | Exeter CityExeter | 26 | 10 | 11 | 5 | 37 | 26 | 11 | 41 |
| 9 | Port Vale | 25 | 11 | 6 | 8 | 37 | 27 | 10 | 39 |
| 10 | Salford City | 28 | 10 | 7 | 11 | 31 | 28 | 3 | 37 |
| 11 | Bradford CityBradford | 27 | 8 | 12 | 7 | 34 | 32 | 2 | 36 |
| 12 | Bristol Rovers | 25 | 10 | 6 | 9 | 34 | 36 | -2 | 36 |
| 13 | Crawley TownCrawley | 26 | 10 | 5 | 11 | 31 | 36 | -5 | 35 |
| 14 | Harrogate TownHarrogate | 25 | 9 | 6 | 10 | 38 | 38 | 0 | 33 |
| 15 | Leyton Orient | 25 | 7 | 11 | 7 | 37 | 24 | 13 | 32 |
| 16 | Hartlepool UnitedHartlepool | 27 | 8 | 7 | 12 | 25 | 37 | -12 | 31 |
| 17 | Stevenage | 28 | 7 | 10 | 11 | 28 | 42 | -14 | 31 |
| 18 | Rochdale | 25 | 6 | 11 | 8 | 30 | 32 | -2 | 29 |
| 19 | Walsall | 27 | 7 | 8 | 12 | 30 | 37 | -7 | 29 |
| 20 | Carlisle UnitedCarlisle | 27 | 6 | 9 | 12 | 19 | 35 | -16 | 27 |
| 21 | Barrow | 27 | 6 | 8 | 13 | 27 | 35 | -8 | 26 |
| 22 | Colchester UnitedColchester | 26 | 6 | 8 | 12 | 23 | 36 | -13 | 26 |
| 23 | Oldham AthleticOldham | 26 | 4 | 7 | 15 | 22 | 42 | -20 | 19 |
| 24 | Scunthorpe UnitedScunthorpe | 28 | 3 | 10 | 15 | 21 | 49 | -28 | 19 |
| > Full Version | |||||||||
