Tolley was praised for his performance in the Wales u-21 defeat to England on Friday.
Boss Hodges said: 'It is there for them if they want it. Tolley went out of the league with Shrewsbury, then he came straight back and now he is another year older and better.'
Tolley has been a regular in the Welsh side for over a year, picking up ten caps. He has also been greatly improved for Shrewsbury, after a shaky start to the season.
From a Town perspective, the more experience that Jamie gets, especially at such a high international level, the better.