Motivated by recent experiments that reveal expansive fractional quantum Hall states in the n = 1 graphene Landau level and suggest a nontrivial role of the spin degree of freedom [Amet et al., Nat. Commun. 6, 5838 (2014)], we perform accurate quantitative study of the the competition between fractional quantum Hall states with different spin polarizations in the n = 1 graphene Landau level. We find that the fractional quantum Hall effect is well described in terms of composite fermions, but the spin physics is qualitatively different from that in the n = 0 Landau level. In particular, for the states at filling factors ν = s/(2s ± 1), s integer, a combination of exact diagonalization and the composite fermion theory shows that the ground state is fully spin polarized and supports a robust spin wave mode even in the limit of vanishing Zeeman coupling. Thus, even though composite fermions are formed, a mean field description that treats them as weakly interacting particles breaks down, and the exchange interaction between them is strong enough to cause a qualitative change in the behavior by inducing full spin polarization. We also verify that the fully spin polarized composite fermion Fermi sea has lower energy than the paired Pfaffian state at the relevant half fillings in the n = 1 graphene Landau level, indicating an absence of composite-fermion pairing at half filling in the n = 1 graphene Landau level.