You appear to qualify. You can read about it at http://www.dhs.gov/ynews/releases/20120612-napolitano-announces-deferred-action-process-for-young-people.shtm. According to the announcement the policy is effective immediately, however USCIS will not start accepting applications until August. See a lawyer before you do anything to understand what is at stake. You need to discuss the risks, given that everything may change in November. You need to wait for further guidance to know the process and procedure.
714-560-0040. The answer provided is general in nature and because not all facts are known, it should not be construed as legal advice. The answer does not create an attorney/client relationship.