The U.S. government said it would begin accepting applications later this month from young undocumented immigrants who hope to avoid deportation under a new policy, according to AFP.

Starting August 15, "individuals will be able to submit a request for consideration of deferred action" to the US Citizenship and Immigration Services, USCIS Director Alejandro Mayorkas told reporters.

In a historic development in June, President Barack Obama suspended the deportations of young illegal immigrants under 30 who came to the United States before the age of 16 and meet certain requirements.

The plan was largely welcomed by the Latino community and analysts say it could boost Obama's chances for re-election on November 6.

More than 800,000 people could benefit from the policy change, according to government figures, though researchers believe the number is closer to 1.4 million.

The affected youths can apply for a permit, which costs $465, that lasts two years and can be renewed. The high price tag is designed to fund the program.

A senior administration official said it could take "several months" to get the permit because applicants must undergo a vigorous background check.