You can definitely take a transfer from the college you are presently studying in. But there are certain conditions to take a transfer from your college; like if a person falls ill after joining the institutions, in the eventuality of death of both parents or if the parents are suffering from a serious health problem like cancer, in case of harassment of female students, if the seas are vacant in the college one wants to go. It is also important to know that the transfer can only be taken into different city i.e. transfer cannot be taken in a college that is in the same town or city.
Also try and score as much possible in your first year so that it becomes easy for you to take transfer.
Best of Luck!