Currently there is no university campus in Colac, the nearest campuses are offered by Deakin University, Australian Catholic University and Federation University located in Geelong, Warrnambool and Ballarat.

 

For information about Deakin University's campuses

For information about Australian Catholic UniversityĆ­s campuses.

For information about Federation University's campuses.

There are plenty of other options to access University within Victoria.

Check out Australian Universities for the listings

If you're interested in Online University Courses.

A good reference for this option is Open Universities Australia