diff --git a/lego/apps/events/models.py b/lego/apps/events/models.py
index d2ecac4cd..cc16264d8 100644
--- a/lego/apps/events/models.py
+++ b/lego/apps/events/models.py
@@ -30,7 +30,12 @@
 from lego.apps.files.models import FileField
 from lego.apps.followers.models import FollowEvent
 from lego.apps.permissions.models import ObjectPermissionsModel
-from lego.apps.users.constants import AUTUMN, SPRING
+from lego.apps.users.constants import (
+    AUTUMN,
+    LATE_PRESENCE_PENALTY_WEIGHT,
+    PENALTY_TYPES,
+    SPRING,
+)
 from lego.apps.users.models import AbakusGroup, Membership, Penalty, User
 from lego.utils.models import BasisModel
 from lego.utils.youtube_validator import youtube_validator
@@ -935,8 +940,10 @@ def set_presence(self, presence: constants.PRESENCE_CHOICES) -> None:
         self.handle_user_penalty(presence)
         self.save()
 
-    def delete_penalties_for_event(self) -> None:
-        for penalty in self.user.penalties.filter(source_event=self.event):
+    def delete_presence_penalties_for_event(self) -> None:
+        for penalty in self.user.penalties.filter(
+            source_event=self.event, type=PENALTY_TYPES.PRESENCE
+        ):
             penalty.delete()
 
     def handle_user_penalty(self, presence: constants.PRESENCE_CHOICES) -> None:
@@ -950,26 +957,25 @@ def handle_user_penalty(self, presence: constants.PRESENCE_CHOICES) -> None:
             and presence == constants.PRESENCE_CHOICES.NOT_PRESENT
             and self.event.penalty_weight_on_not_present
         ):
-            self.delete_penalties_for_event()
+            self.delete_presence_penalties_for_event()
             Penalty.objects.create(
                 user=self.user,
                 reason=f"Møtte ikke opp på {self.event.title}.",
                 weight=self.event.penalty_weight_on_not_present,
                 source_event=self.event,
+                type=PENALTY_TYPES.PRESENCE,
             )
-        elif (
-            self.event.heed_penalties
-            and presence == constants.PRESENCE_CHOICES.TOO_LATE
-        ):
-            self.delete_penalties_for_event()
+        elif self.event.heed_penalties and presence == constants.PRESENCE_CHOICES.LATE:
+            self.delete_presence_penalties_for_event()
             Penalty.objects.create(
                 user=self.user,
                 reason=f"Møtte for sent opp på {self.event.title}.",
-                weight=1,
+                weight=LATE_PRESENCE_PENALTY_WEIGHT,
                 source_event=self.event,
+                type=PENALTY_TYPES.PRESENCE,
             )
         else:
-            self.delete_penalties_for_event()
+            self.delete_presence_penalties_for_event()
 
     def add_to_pool(self, pool: Pool) -> Registration:
         allowed: bool = False
diff --git a/lego/apps/users/constants.py b/lego/apps/users/constants.py
index 7f10738de..5d8001ef5 100644
--- a/lego/apps/users/constants.py
+++ b/lego/apps/users/constants.py
@@ -1,5 +1,7 @@
 from enum import Enum
 
+from django.db import models
+
 MALE = "male"
 FEMALE = "female"
 OTHER = "other"
@@ -95,8 +97,6 @@ def values(cls) -> list[str]:
     FSGroup.MSSECCLO: FOURTH_GRADE_KOMTEK,
 }
 
-STUDENT_EMAIL_DOMAIN = "stud.ntnu.no"
-
 GROUP_COMMITTEE = "komite"
 GROUP_INTEREST = "interesse"
 GROUP_BOARD = "styre"
@@ -142,3 +142,12 @@ def values(cls) -> list[str]:
     (LIGHT_THEME, LIGHT_THEME),
     (DARK_THEME, DARK_THEME),
 )
+
+
+LATE_PRESENCE_PENALTY_WEIGHT = 1
+
+
+class PENALTY_TYPES(models.TextChoices):
+    PRESENCE = "presence"
+    PAYMENT = "payment"
+    OTHER = "other"
diff --git a/lego/apps/users/migrations/0042_penalty_type.py b/lego/apps/users/migrations/0042_penalty_type.py
new file mode 100644
index 000000000..7b4f6af4f
--- /dev/null
+++ b/lego/apps/users/migrations/0042_penalty_type.py
@@ -0,0 +1,25 @@
+# Generated by Django 4.0.10 on 2024-03-14 10:27
+
+from django.db import migrations, models
+
+
+class Migration(migrations.Migration):
+    dependencies = [
+        ("users", "0041_user_linkedin_id_alter_user_github_username"),
+    ]
+
+    operations = [
+        migrations.AddField(
+            model_name="penalty",
+            name="type",
+            field=models.CharField(
+                choices=[
+                    ("presence", "Presence"),
+                    ("payment", "Payment"),
+                    ("other", "Other"),
+                ],
+                default="other",
+                max_length=50,
+            ),
+        ),
+    ]
diff --git a/lego/apps/users/models.py b/lego/apps/users/models.py
index d5797c3f9..7752a8b8a 100644
--- a/lego/apps/users/models.py
+++ b/lego/apps/users/models.py
@@ -537,6 +537,11 @@ class Penalty(BasisModel):
     source_event = models.ForeignKey(
         "events.Event", related_name="penalties", on_delete=models.CASCADE
     )
+    type = models.CharField(
+        max_length=50,
+        choices=constants.PENALTY_TYPES.choices,
+        default=constants.PENALTY_TYPES.OTHER,
+    )
 
     objects = UserPenaltyManager()  # type: ignore