The 21-year-old student is currently reading History of Art at the University of Cambridge and told Grazia that her focus is on the subject.
Cole said of modelling: "It's not a huge priority. If I'm asked to do other interesting films, I'll do them. I've still got two years left at uni to decide.
"Art is what I love most in life. My mum is an artist and she's very creative. I'm sure she's the one who's made me want to do these things. I still paint and play piano occasionally."
Of acting, she added: "I still have a lot to learn and hope that I'll always think that and continue to get better. But from a personal perspective, yes, it was a lot of stuff to absorb and go through.
"Being a model helped because I'm comfortable in front of a camera. But I'm much more emotionally and intellectually switched off as a model. When you're acting, you have more to contribute to the character."
Cole played Polly the Geek in the 2007 St. Trinian's remake and also appears in Terry Gilliam's upcoming The Imaginarium of Doctor Parnassus.