It doesn't appear to be an option for that particular plugin. It looks like you may need to modify it or hook into it somehow to get it to work that way...
After looking at the JS file for a bit I noticed a couple things. First thing is that it looks like it might be using bootstrap-transition.js ,which appears to be using CSS3 transitions. So it might be possible to write a new transition. I am not 100% certain if that is how it is working though.
Option One
My suggestion would be to either poke around in the bootstrap-collapse.js plugin file for a while and see if you can figure out how it is working.
In particular I would look at this part... bootstrap-carousel.js
this.$element[dimension](0)
this.transition('addClass', $.Event('show'), 'shown')
$.support.transition && this.$element[dimension](this.$element[0][scroll])
It looks like .transition
is a callback from bootstrap-transition.js
Option Two
My second suggestion would be to just write something of your own.
My Answer
And finally my answer is that from looking at the bootstrap documentation it doesn't appear to be an option.
Some additional info:
This website seems to be doing similar stuff with CSS3 transitions.
http://ricostacruz.com/jquery.transit/