Let'e generate the code that will allow me to create a program that can help parents monitor their children who are struggling academically. The software should be able to detect any unusual behavior of students and alerts them if they exceed certain thresholds in terms of their academic performance. Specifically, I would like you to develop a python script which takes as input the names of all the courses (e.g., "math", "english", etc.), and for each student produces an algorithm that generates suggestions on how best allocate study hours among the students based on their past academic records in order to improve their performance within the class. The solution should involve data mining techniques, feature extraction from a given dataset of course grades, as well as personalized feedbacks. Here's your answer: