SHORT ANSWER
In 1901, there were two higher education institutes but neither was, at the time, truly comparable to Dutch universities. The first genuine university-level education was not available until 1920, the shortage of trained professionals having become apparent during WWI.
DETAILED ANSWER
Prior to 1800, the education system was in the hands of the Dutch East Indies Company (VOC). There was no higher education, only schools which
were small, locally based, and mostly religiously oriented. The
company distrusted the effects of education on its indigenous subjects
and gave schools little encouragement
Source: R. Cribb & A. Kahin – Historical Dictionary of Indonesia
Things improved when the Dutch government took over but it was only in 1860 that secondary schools (HBS) and in 1867 that European Lower Schools (ELS) were set up. These followed the Dutch curriculum and enabled graduates to attend universities in the Netherlands. Although aimed at Dutch residents’ children, in 1891 the ELS allowed Indonesians and 1,870 had enrolled by 1900. However, only those from upper class, wealthy backgrounds could attend. Whether they were segregated or not is unclear but it seems likely as (referring to the new First Schools set up for Indonesians in 1907 to relieve the pressure on the ELS)
Dutch teachers now appeared in these schools (mostly women, since
their male colleagues were reluctant to teach ‘natives’).
Source: M.C. Ricklefs – A History of Modern Indonesia since c.1200
The first signs of what Cribb & Kahin term ‘quasi-tertiary education’ appeared in 1900 when
...the three old hoofdenscholen (chiefs’ schools) at Bandung, Magelang
and Prabalingga were reorganised to become schools clearly designed
for the production of civil servants, and were renamed OSVIA
(Opleidingscholen voor inlandsche ambtenaren, Training schools for
native officials). The course was now five years long, in Dutch, and
open to any Indonesian who had finished the European lower school. It
was no longer necessary for an entrant to be from the aristocratic
elite.... In 1900–2 the ‘Dokter-Jawa’ school at Weltevreden was turned
into STOVIA (School tot opleiding van inlandsche artsen, School for
training native doctors). Its course was also taught in Dutch.
Source: M.C. Ricklefs
Further reforms followed, but not before Hoesein Djajadiningrat (from a wealthy family) became the first Indonesian to gain a doctorate in 1913 – but at Leiden University.
In 1914 the First Class schools were
... turned into Hollandsch - Inlandsche (Dutch-Native) schools (HIS).
Although these remained schools for the Indonesian upper classes
(there was still a minimum income requirement for parents), they were
now formally a part of the European school system in Indonesia. The
Hollandsch-Inlandsche schools, the Hollandsch- Chineesche
(Dutch-Chinese) schools which were begun in 1908, and the European
lower schools, although in principle ethnically distinct, now all led
to the secondary levels of European education and thence to higher
bureaucratic employment.
Source: M.C. Ricklefs
These reforms were opposed by some more conservative elements among the Dutch who felt that education would lead to increased nationalism, and also by Indonesians concerned about the Dutch cultural influence.
Stovia scholars of 1916 (from Dutch Wikipedia)
It was not until after WWI that the need for locally trained professionals was fully recognized. Thus, in 1920
...university-level education, without regard to ethnicity, at last
became available in Indonesia with the opening of the Technische
Hoogeschool (technical college) at Bandung. In 1924 a
Rechtshoogeschool (law college) opened in Batavia, and in 1927 STOVIA
was turned into the Geneeskundige Hoogeschool (medical college).
Source: M.C. Ricklefs
Progress in terms of the number of graduates was slow, though, for there were only 178 Indonesians at university level in 1930-31. Also, according to Chiara Logli in Higher education in Indonesia: Contemporary challenges in governance, access, and quality,
The student bodies reflected the colonial hierarchy, with the Dutch at
the top and the indigenous people at the bottom.
When Indonesia became independent in 1949, the country inherited from the Dutch
a staggering illiteracy problem, an acute shortage of trained
technical and professional personnel...a higher education system that
had sought to imitate Dutch university instruction and that had in
practice barred all but a handful of Indonesians.
Other Source:
Philip G. Altbach, Comparative Higher Education: Knowledge, the University, and Development