jQuery to change a div color?

jQuery to change a div color?

I'm new to jQuery and about as new as you can get and my question is can jQuery be used to change the background color of a div?
My scenario is this, I have a form that returns a MySQL search result that has a field that tells if a payment has been paid in full or if no payment has been made,  what I want is to have the div background color change from white to a light green color if the status of the payment field say's "Paid in Full" or a light red if it say's "No Payment". Is this possible to do with jQuery?