The 17-year-old is a local Plymouth product and has made 24 first team appearances for the Devon club after making his debut at 16.
Everton expect to complete the deal later this week, but the youngster will not be considered for first-team action this season, with boss David Moyes saying: "He is one for the future".
Copyright (c) PA Sport 2008, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: https://www.givemesport.com/writeforgms