The 21-year-old signed for the Swans from Arsenal during the summer, but he is yet to feature for the senior side.
As a result, he has been granted permission to gain experience with his hometown club, who currently top the Conference.
"He's from Luton and that's been a big pull. It's an area he knows well and I think it will give him the chance to reproduce his best form," manager John Still told the club's official website.
"Sometimes in life you get the perfect fit, and I think that's the case for Jernade and for us."
Meade could make his debut for the Hatters away at Dartford on Saturday afternoon.