Boy, doesn't that sound intimidating: "Hue/Saturation Adjustment Layer!" I used to be a bit nervous when people talked about adjustment layers, but it turns out, they are very simple in PSE. In fact, I found out I was using them without even realizing it. Would you like to learn?
I wrote a blog post on it with an easy to follow video tutorial on using a hue/saturation adjustment layer to change the color of an alpha for your scrapbooking needs. It is on KristinCB's blog and I used this fabulous Paintwashed Alpha that she has in her store.