Second-year scholars Jack Marriott, Tom Winter (pictured), Jonny Leddy, Mark Timlin and David October have been offered professional contracts by the Blues, we understand.
Marriott, from Kettering, and Ipswich-born Winter, who has been at the club since he was eight, have been regular scorers for the U18s this season.
Central midfielder Leddy, from Cavan, has won caps with the Republic of Ireland at U16, U17 and U18 levels, while winger Timlin, from Buncrana, has previously played for Ireland at U16 level.
Left-back October, from Cambridge, has skippered Russell Osman's U18s this season.
Meanwhile, another of the scholars who joined the club in the summer of 2011, midfielder Shaun Meikle, has joined St Johnstone in his native Scotland.