Joe Edwards added six points in the winning effort.
Jacobo and Hines each pulled down eight rebounds in the win, as IPFW (6-7) outrebounded Kennesaw State 35-to-31, while Pierre Bland and Isaiah McCray gave out seven and five assists, apiece.
Kennesaw State (1-10) got the first basket of the game to lead 2-0, before IPFW rattled off six straight points to take a four point lead, one they would not give up for the remainder of the contest.
The IPFW first-half lead grew to as many as eight on an Edwards lay-in to cap off a 7-0 run, as the Owls closed the half by scoring four straight to cut the deficit to four at 26-22 heading into the locker room at halftime.
Leading by six at 36-30, IPFW ran off a 9-1 run to push the advantage to 14, and Kennesaw State never saw their deficit dip into single digits the rest of the way, as the Mastodons closed the game on a 12-2 run to give IPFW its largest margin of the contest at 23.
Jacobo grabbed a career-high five steals, with the team picking up 11, while sporting an 18-to-13 assist-to-turnover ratio in the game.
IPFW went an even 24-of-48 from the field (50.0 percent), 6-of-15 (40.0 %) from long range, and 16-of-26 (61.5%) from the charity stripe.
The Mastodons will travel to IUPUI on Thursday at 7 p.m.