The young striker joins Deepdale again after an impressive spell first time round, scoring five goals in eleven appearances in the autumn period.
Robinson will re-take the number 27 shirt and will also be available for the FA Cup 5th Round providing they make it through on Tuesday night.
Robinson told the PNE official website:“I am really happy to come back for the rest of the season. I know all the lads and all the staff and I am looking forward to getting going again.
“The Preston fans have been great to me and I now want to focus on getting sharp again, getting a few more goals and hopefully helping the team get the promotion we are all aiming for.”
“He wants to improve; he’s versatile and we are delighted he has chosen to come back to us when there have been Championship clubs who wanted to take him.”