INDIANAPOLIS (AP) – The head of Indiana University-Purdue University Indianapolis has announced he's giving up that post next year.

Chancellor Charles Bantz said Monday he'll step down Aug. 15.

The 65-year-old Bantz will take a one-year leave before returning as a faculty member on the nearly 31,000-student campus.

Bantz joined IUPUI as chancellor and IU vice president for long-range planning in 2003 and was named IU's executive vice president in 2006. He previously had been provost and senior vice president at Wayne State University in Detroit.

During his tenure, the number of IUPUI students living on campus has increased about six-fold to more than has 2,000 and IUPUI has built new buildings for fine arts, science and engineering, informatics and neurosciences research.